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Ariel's Caf provides the following budgets for cash receipts and cash disbursements for the year...

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Accounting

Ariel's Caf provides the following budgets for cash receipts and cash disbursements for the year 2020 on a quarterly basis. The ending cash balance on December 31, 2019 was $18,500.

Q1 Q2 Q3 Q4 Total
Receipts $27,000 $25,000 $18,000 $59,000 $129,000
Disbursements $16,000 $29,000 $13,000 $26,000 $84,000

Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. a) Calculate the net cash flow for each quarter.

Q1 Q2 Q3 Q4
Receipts $Answer $Answer $Answer $Answer
Disbursements $Answer $Answer $Answer $Answer
Net Cash Flow $Answer $Answer $Answer $Answer

b) Calculate the ending cash balance for each quarter.

Q1 Q2 Q3 Q4
Opening Balance $Answer $Answer $Answer $Answer
Net Cash Flow $Answer $Answer $Answer $Answer
Ending Balance $Answer $Answer $Answer $Answer

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