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Please answer question correctly 10 Check my work A cash budget,...

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Accounting

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10 Check my work A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $8,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) Cash balance, beginning Add collections from customers Total cash available Less disbursements: 348 87 38 48 30 10 30 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 30 121 10 13 43 Total disbursements 90 Excess (deficiency) of cash available over disbursements 16 14 (17) Repayments (including interest) . Total financing Cash balance, ending Interest will total $1,000 for the year. Prev 1 of 5 Next>

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