Cash Budget
Sales for Blue Bill Corporation are contemplated as follows for the months of June through November:
Credit sales totality for 70% of the monthy sales and are firm one month behind the sale.
Other produce for October are $50,000.
Variable disbursements are 60% of sales each month.
Fixed disbursements are $10,000 each month.
$80,000 should be middle in August for taxes.
The aggregation is obligated to construct a $400,000 obligation reprisals in November.
Beginning money in June is $50,000.
Desired finality money each month is $10,000.
Complete the monthly money budget for Blue Bill Corporation for June through November.
Blue Bill Corporation
Cash Budget
Cash sales
Other Receipts
Total money produce
Variable disbursements
Fixed disbursements
Other disbursements
Total money disbursements
Net diversify during the month
Beginning money
Ending money
Required money
Excess money to invest
Cash borrowed
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