Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx
Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Prepare the company\'s cash budget for April. (Input all amounts as positive values.) Solution Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 .
Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx
Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Prepare the company\'s cash budget for April. (Input all amounts as positive values.) Solution Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 .
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Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx
- 1. Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Prepare the company's cash budget for April. (Input all amounts as positive values.) Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Solution Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000