At the beginning of the 2014 school year britney logan

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Reference no: EM13581184

At the beginning of the 2014 school year, Britney Logan decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:

Cash balance, September 1 (from a summer job)	$7,940
Purchase season football tickets in September	110
Additional entertainment for each month	270
Pay fall semester tuition in September	4,300
Pay rent at the beginning of each month	380
Pay for food each month	220
Pay apartment deposit on September 2 (to be returned December 15)	500
Part-time job earnings each month (net of taxes)	980

c. Logan can see that her present plan sufficient cash. If Logan did not budget but went ahead with the original plan, she would be $_______??? at the end of December, with no time left to adjust.

Reference no: EM13581184

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