Sample Cash Budget Problem

Sample Cash Budget Problem - at any time from a local bank,...

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Romeiro Corporation is preparing its cash budget for September. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $160,000 and budgeted cash disbursements total $152,000. The desired ending cash balance is $70,000. The company can borrow up to $120,000
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Unformatted text preview: at any time from a local bank, with interest not due until the following month. Required: Prepare the company's cash budget for September in good form....
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This note was uploaded on 02/15/2010 for the course ACCT 302 taught by Professor Baltimore during the Spring '10 term at University of Baltimore.

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