Question

Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance is $40,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. 

Required:
Prepare the company's cash budget for October in good form.



$1.99
Sales0
Views312
Comments0
  • CreatedJuly 29, 2013
  • Files Included
Post your question
5000