Beginning cash balanceAdd: Cash receiptsTotal cash availableLess: Cash payments forInterest on loanAll items excluding interestTotal cash paymentsPreliminary cash balanceLoan activityAdditional loan (loan repayment)Ending cash balanceLoan balance - Beginning of monthAdditional loan (loan repayment)Loan balance, end of monthAnswer is not complete.KAYAK COMPANYCash Budget$JanuaryFebruary30,000 $ 30,000 $523,000401,000553,000431,000$600463,200463,80089,200(59,200)$Loan balance$30,000 $60,000 $8341,200341,20889,792(59,200)(59,792) ►800(59,792)800 $ 58,99230,000 $$March30,000 X471,000501,0000533,000533,00031,700 X1,700 X30,00058,9921,700

Name: Beginning cash balanceAdd: Cash receiptsTotal cash availableLess: Cas
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Description: Beginning cash balanceAdd: Cash receiptsTotal cash availableLess: Cash payments forInterest on loanAll items excluding interestTotal cash paymentsPreliminary cash balanceLoan activityAdditional loan (loan repayment)Ending cash balanceLoan balance -

Cash Budget is prepared to estimate the cash requirement in the future period(s).It helps in…

Business

Accounting

Beginning cash balance Add: Cash receipts Total cash available Less: Cash payments for Interest on loan All items excluding interest Total cash payments Preliminary cash balance Loan activity Additional loan (loan repayment) Ending cash balance Loan balance - Beginning of month Additional loan (loan repayment) Loan balance, end of month KAYAK COMPANY Cash Budget January $ 30,000 523,000 553,000 $ 600 463,200 463,800 89,200 (59,200) $ Loan balance $ 30,000 $ February $ 30,000 $ 401,000 431,000 60,000 $ (59,200) 8 341,200 341,208 89,792 (59,792) ► 30,000 $ 800 $ (59,792) 800 $ 58,992 X March 30,000 X 471,000 501,000 0 533,000 533,000 31,700 X 1,700 X 30,000 58,992 1,700

Beginning cash balance Add: Cash receipts Total cash available Less: Cash payments for Interest on loan All items excluding interest Total cash payments Preliminary cash balance Loan activity Additional loan (loan repayment) Ending cash balance Loan balance - Beginning of month Additional loan (loan repayment) Loan balance, end of month KAYAK COMPANY Cash Budget January $ 30,000 523,000 553,000 $ 600 463,200 463,800 89,200 (59,200) $ Loan balance $ 30,000 $ February $ 30,000 $ 401,000 431,000 60,000 $ (59,200) 8 341,200 341,208 89,792 (59,792) ► 30,000 $ 800 $ (59,792) 800 $ 58,992 X March 30,000 X 471,000 501,000 0 533,000 533,000 31,700 X 1,700 X 30,000 58,992 1,700

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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