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Based on the information provided, WHAT ARE THE AMOUNT OF BORROWINGS/ INVESTMENT FOR:1. October 2....

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Accounting

Based on the information provided, WHAT ARE THE AMOUNT OF BORROWINGS/ INVESTMENT FOR:
1. October
2. september
3. november
image
i will upvote if complete thanks
Helen Bowers, owner of Helen's Fashion Designs, is planning to request a line of credit from her bank. She has estimated the followine caloe foronacte fine the firm for parts of 2019: General and administrative salaries are approximately $27,000 a month. Lease payments under long-term leases are $9,000 a month. Miscellaneous expenses are $2,700 a month. Income tax payments of $63,000 are due in September and December. A progress payment of $180,000 on a new design studio must be paid in October. Cash on hand on August 31 is 450,000 , and a minimum cash balance of 90,000 should be maintained throughout the cash budget period

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