Preparing a cash budget example for accounting

Chitowndym · #1 Jan 30, 2008, 01:44 PM

How do you prepare a cash budget? I need to work out a problem in my accounting class and i dont 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 · Feb 2, 2008, 09:17 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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