Unformatted text preview: etermines the minimum
cash balance desired depending
on the nature of the business
and credit arrangements. Cash Budget
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
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.
- Fall '11