Prepare A Cash Budget For The Three Month Period Ending December 31 Accounting Homework Help

Prepare a cash budgetfor the three-month period ending December 31. Include the following detailedbudgets:

1.

a. A sales budget, by month and in total.

b. A schedule of expected cashcollections from sales, by month and in total.

c. A merchandise purchases budgetin units and in dollars. Show the budget by month and in total.

d. A schedule of expected cashdisbursements for merchandise purchases, by month and in total.

2. A cash budget. Show the budget by month and in total. Determineany borrowing that would be needed to maintain the minimum cash balance of $50,000.

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