Cash budget cash management determines the minimum

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Unformatted text preview: etermines the minimum cash balance desired depending on the nature of the business and credit arrangements. Cash Budget Cash Financing requirements depend on how the total cash available compares with the total cash needed. Needs include the disbursements plus the desired ending cash balance. Cash Budget Cash Ending cash balance = Beginning cash balance + Receipts – Disbursements + Cash from financing The cash from financing can be either positive (borrowing) or negative (repayment). Budgeted Balance Sheet Budgeted The final step in preparing the master budget is to construct the budgeted balance sheet that projects each balance sheet item in accordance with the business plan....
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This note was uploaded on 09/08/2013 for the course ACCOUNTING 201 taught by Professor Smith during the Fall '11 term at Cleveland State.

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