Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $17,000. Budgeted

Question:

Matuseski is preparing its 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 for October in good form.

Cash Budget
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