Required prepare the companys cash budget for october in

Assignment Help Accounting Basics
Reference no: EM13452048

Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance is $40,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month.

Required: Prepare the company's cash budget for October in good form.

Reference no: EM13452048

Questions Cloud

Uing anthonys target income of 23000 and the following : anthony gray has been interested in music since he was old enough to sit at the piano. he grew up with music and used
Identify the organizations you have researched and describe : 1prepare a 350 word paper in which you research at least two quality management organizations-one national and one
Buckhorn corporation bases its predetermined overhead rate : buckhorn corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. data
Two years ago you bought 300 shares of kayleigh milk co for : 1.you decide to sell short 100 shares of charlotte horse farms when it is selling at its yearly high of 56. your broker
Required prepare the companys cash budget for october in : matuseski corporation is preparing its cash budget for october. the budgeted beginning cash balance is 17000. budgeted
You must scan the original form email it to yourself and : your initial discussion thread to respond to your classmates. your grade will reflect both the quality of your initial
List a few of the issues and considerations businesses : list a few of the issues and considerations businesses should have when it comes to the selection of long-term
If the opportunity cost of capital is 11 calculate npv for : the following are the cash flows of two projectsyear project a project bnbsp0 minus290 minus2901 170 1902 170 1903 170
Create the list of products and services that are least : make a list of products and services which are least satisfactory and have shown the least improvement over time. how

Reviews

Write a Review

Accounting Basics Questions & Answers

  Indicator of relative profitability

You are trying to determine which of two companies is the most profitable. Which of the following would be the best indicator of relative profitability

  Concepts of consolidated financial statements

Kordel Inc. holds 75% of the outstanding common stock of Raxston Corp. Raxston currently owes Kordel $500,000 for inventory acquired over the past few months. In preparing consolidated financial statements, what amount of this debt should be elimi..

  Elimination in the consolidation method

For 2006, gross profit percentages were 30% of sales for Prince and 40% of sales for Kile. The amount of unrealized intercompany profit in ending inventory at December 31, 2006 that should be eliminated in the consolidation process is:

  Diluted earnings per chare of common stock during 2009 the

during 2009 the ellis corporation had 370000 shares of 20 par common stock outstanding. on january 1 2009 2000 8

  Write a research essay

Write a research essay on your views as to when each of the two approaches would be appropriate, and provide examples of where each of the approaches might be appropriate in the current economic and business environment.

  Compute the 2012 tax liability for charlotte

Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children who live with her. She also maintains the household in which her parents live and furnished 60% of their support.

  Writing journal entries to record issuance of bonds

On the first day of the current fiscal year, $1,000,000 of 10-year, 7% bonds, with interest payable semiannualy were sold for $1,050,000. Present entries to record the following transactions for the current fiscal year:

  Total dollar amount of discount or premium amortization

Calculate the total dollar amount of discount or premium amortization during the first year (5/1/04 through 4/30/05) these bonds were outstanding. (Show computations and round to the nearest dollar.)

  Nova corparation hired new product manager and agreed to

nova corparation hired a new product manager and agreed to provide her a 20000 relocation loan on a six month 7

  Long-term construction contracts

A construction company uses the percentage-of-completion method for long-term construction contracts. A particular job was begun in 2010 and completed in 2012. During 2011, it appeared that the project would cost 25 percent more than originally ex..

  Share-based compensation plans to employees

Vacaro Corporation provides a variety of share-based compensation plans to its employees. Under its executive stock option plan, Vacaro granted options on January 1, 2009, that permit executives to acquire 20 million of the company's $1 par common..

  How should ace record the purchase

Ace Bonding Company purchased merchandise inventory on account. The inventory costs $2,000 and is expected to sell for $3,000. How should Ace record the purchase?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd