QS Algo Cash budget LO P
Santos Company is preparing a cash budget for February. The company has $ cash at the beginning of February and budgets $ in cash receipts from sales and $ in cash payments during February. Prepare the cash budget for February assuming the company maintains a $ minimum cash balance and will take a loan if necessary to maintain this balance. The company has no loans outstanding on February Negative cash balances, if any, should be indicated with minus sign.
tableSANTOS COMPANYCegh Budget,FebruaryTotal cash available,Preliminary cash balance,Loan activity,Ending cash balance,Loan balance, end of month,
