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    Chitowndym's Avatar
    Chitowndym Posts: 8, Reputation: 1
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    #1

    Jan 30, 2008, 03:44 PM
    Preparing a cash budget example for accounting
    How do you prepare a cash budget? I need to work out a problem in my accounting class and I don't know how to set up the problem? Can anyone help me?

    This is the question: Schafer Company expects to have a cash balance of 46,000 dollars on Jan. 1, 2007... These are the relevant monthly budget data for the first two months of 2007. Prepare a cash budget for Jan and Feb.

    Thanks
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
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    #2

    Feb 2, 2008, 11:17 AM
    You can make it just like a cash ledge, start with 01/01/07 balance then add and subtract to reach the ending balance.
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