Required prepare the companys cash budget for november

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Reference no: EM13987569

1. Enciso Corporation is preparing its cash budget for November. The budgeted beginning cash balance is $31,000. Budgeted cash receipts total $135,000 and budgeted cash disbursements total $141,000. The desired ending cash balance is $50,000. The company can borrow up to $100,000 at any time from a local bank, with interest not due until the following month. Required Prepare the company's cash budget for November in good form.

Reference no: EM13987569

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