Solution-Compute the preliminary cash balance at the end of

Compute the preliminary cash balance at the end of august

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Reference no: EM132091480

Question - Southland Company is preparing a cash budget for August. The company has $17,000 cash at the beginning of August and anticipates $120,800 in cash receipts and $134,500 in cash disbursements during August. Southland Company wants to maintain a minimum cash balance of $10,000. The preliminary cash balance at the end of August before any loan activity is:

$13,300.

$3,300.

$27,000.

($13,700).

$137,800.

Reference no: EM132091480

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Compute the preliminary cash balance at the end of august

Reference no: EM132091480

Reference no: EM132091480

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