3RD PART Cash budget Casn beg. balance Add: Casn receipts Collections trom customers Loan borrowing Total cash available tor use Less: Casn payment Merchandise purchases Selling and admin. Expenses Acquisition ot equipment Interest payment (4% per month) Loan payment Total cash payment Cash end balance Borrowing calculation Casn balance before financing Interest payments - unpaid prior loan July 6,500.00 60,500.00 18 458.33 85,458.33 48,020.00 21,700.00 10,000.00 738.33 80,458.33 5,000.00 12,720.00 August 5,000.00 87,100.00 20 477.43 112,577.43 48,480.00 22,540.00 35,000.00 107,577.43 5,000.00 13,920.00 738.33 September 5,000.00 95,600.00 100,600.00 57,210.00 23,980.00 3,000.00 9,852.57 95 600.00 5,000.00 16,410.00 - Total cash available tor use - Total cash payment - borrowing + Interest payment + Loan payment Minimum cash balance Casn need Interest payments Borrowing (Payment) Interest payments = (Casn need / 96%) x 4% Loan payment ts assumed to be end ot September 5,000.00 17,720.00 738.33 18 458.33 5,000.00 19,658.34 819.10 20 477.43 5,000.00 9,852.57 9,852.57