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Personai Budelet At the beginning of the school year, Katherine Malloy decided to prepare a...

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Accounting

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Personai Budelet At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of Septembec. October, Novembet, and December. The budget must plan for enough cash co December 31 to pay the soring semester fuition, which is the same as the fall tuition, The following informatica relates to the busget a. Prepare a cash budget for 5 eptember, October, Novertsec, and December. Enter all ameunts as positive values except an overall cash decrease aitich theud be Incicated wath a minus sign. 0. Are the rour monthly budgets that are presented prepared as static budgets or flexible budgets? c. Malloy can see that her present plan sufficient cash. If Matloy did not budget but went ahead with the original plon, she would be s at the end of December, with no time left to adjust

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