SlideShare a Scribd company logo
1 of 1
Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is
$27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000.
The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any
time from a local bank, with interest not due until the following month.
Prepare the company's cash budget for April. (Input all amounts as positive values.)
Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is
$27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000.
The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any
time from a local bank, with interest not due until the following month.
Solution
Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add
cash receipts 140000 Â Â Total cash available 167000 Â Â Less cash disbursements 128000
  Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000
  Cash balance, ending 50000 Wehr Inc. Cash Budget For the Month of April   Cash
balance, beginning 27000 Â Â Add cash receipts 140000 Â Â Total cash available 167000
  Less cash disbursements 128000   Excess (deficiency) of cash available over
disbursements 39000 Â Â Borrowings 11000 Â Â Cash balance, ending 50000

More Related Content

Similar to Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx

Nordic Company, a merchandising company, prepares its master budge.docx
Nordic Company, a merchandising company, prepares its master budge.docxNordic Company, a merchandising company, prepares its master budge.docx
Nordic Company, a merchandising company, prepares its master budge.docx
henrymartin15260
 
1.value10.00 points The following data relate to the operatio.docx
1.value10.00 points The following data relate to the operatio.docx1.value10.00 points The following data relate to the operatio.docx
1.value10.00 points The following data relate to the operatio.docx
fredellsberry
 
Sales Report_Independent Writing
Sales Report_Independent WritingSales Report_Independent Writing
Sales Report_Independent Writing
Janie Waltzing
 
| Financial Statements | Basic Financial Statements | Types of Financial Stat...
| Financial Statements | Basic Financial Statements | Types of Financial Stat...| Financial Statements | Basic Financial Statements | Types of Financial Stat...
| Financial Statements | Basic Financial Statements | Types of Financial Stat...
Ahmad Hassan
 

Similar to Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx (8)

Basic accounting in 10 mints
Basic accounting in 10 mintsBasic accounting in 10 mints
Basic accounting in 10 mints
 
Chap004
Chap004Chap004
Chap004
 
Chap004
Chap004Chap004
Chap004
 
Nordic Company, a merchandising company, prepares its master budge.docx
Nordic Company, a merchandising company, prepares its master budge.docxNordic Company, a merchandising company, prepares its master budge.docx
Nordic Company, a merchandising company, prepares its master budge.docx
 
1.value10.00 points The following data relate to the operatio.docx
1.value10.00 points The following data relate to the operatio.docx1.value10.00 points The following data relate to the operatio.docx
1.value10.00 points The following data relate to the operatio.docx
 
Financials For Dummies
Financials For DummiesFinancials For Dummies
Financials For Dummies
 
Sales Report_Independent Writing
Sales Report_Independent WritingSales Report_Independent Writing
Sales Report_Independent Writing
 
| Financial Statements | Basic Financial Statements | Types of Financial Stat...
| Financial Statements | Basic Financial Statements | Types of Financial Stat...| Financial Statements | Basic Financial Statements | Types of Financial Stat...
| Financial Statements | Basic Financial Statements | Types of Financial Stat...
 

More from mtruman1

Visual Studio Short Answer- 1- What is the name of the tool that lets.docx
Visual Studio Short Answer- 1- What is the name of the tool that lets.docxVisual Studio Short Answer- 1- What is the name of the tool that lets.docx
Visual Studio Short Answer- 1- What is the name of the tool that lets.docx
mtruman1
 
Visit two or more social media sites and review information that peopl.docx
Visit two or more social media sites and review information that peopl.docxVisit two or more social media sites and review information that peopl.docx
Visit two or more social media sites and review information that peopl.docx
mtruman1
 
Visual Basic Short Answer- 1- What is the primary advantage to definin.docx
Visual Basic Short Answer- 1- What is the primary advantage to definin.docxVisual Basic Short Answer- 1- What is the primary advantage to definin.docx
Visual Basic Short Answer- 1- What is the primary advantage to definin.docx
mtruman1
 
Virtual Computing Questions-- Answer both questions in 500-600 words W.docx
Virtual Computing Questions-- Answer both questions in 500-600 words W.docxVirtual Computing Questions-- Answer both questions in 500-600 words W.docx
Virtual Computing Questions-- Answer both questions in 500-600 words W.docx
mtruman1
 
Virtual Computing Question-- Answer the following question that listed.docx
Virtual Computing Question-- Answer the following question that listed.docxVirtual Computing Question-- Answer the following question that listed.docx
Virtual Computing Question-- Answer the following question that listed.docx
mtruman1
 
Ventura Capital is a financier who specializes in capitalizing start-u (1).docx
Ventura Capital is a financier who specializes in capitalizing start-u (1).docxVentura Capital is a financier who specializes in capitalizing start-u (1).docx
Ventura Capital is a financier who specializes in capitalizing start-u (1).docx
mtruman1
 
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docxWeek 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
mtruman1
 
Week 2 Discussion- I need help understanding the following question- C.docx
Week 2 Discussion- I need help understanding the following question- C.docxWeek 2 Discussion- I need help understanding the following question- C.docx
Week 2 Discussion- I need help understanding the following question- C.docx
mtruman1
 
We will assume the universe is expanding at a constant rate- At t - t0.docx
We will assume the universe is expanding at a constant rate- At t - t0.docxWe will assume the universe is expanding at a constant rate- At t - t0.docx
We will assume the universe is expanding at a constant rate- At t - t0.docx
mtruman1
 
We normally think of the arts as very different from technologies in s.docx
We normally think of the arts as very different from technologies in s.docxWe normally think of the arts as very different from technologies in s.docx
We normally think of the arts as very different from technologies in s.docx
mtruman1
 
We discussed how the processor routes data between internal components.docx
We discussed how the processor routes data between internal components.docxWe discussed how the processor routes data between internal components.docx
We discussed how the processor routes data between internal components.docx
mtruman1
 
We normally think of the arts as very different from technologies in s (1).docx
We normally think of the arts as very different from technologies in s (1).docxWe normally think of the arts as very different from technologies in s (1).docx
We normally think of the arts as very different from technologies in s (1).docx
mtruman1
 

More from mtruman1 (20)

Wages and salaries incurred in March amounted to $10-000- of which $4-.docx
Wages and salaries incurred in March amounted to $10-000- of which $4-.docxWages and salaries incurred in March amounted to $10-000- of which $4-.docx
Wages and salaries incurred in March amounted to $10-000- of which $4-.docx
 
Visual Studio Short Answer- 1- What is the name of the tool that lets.docx
Visual Studio Short Answer- 1- What is the name of the tool that lets.docxVisual Studio Short Answer- 1- What is the name of the tool that lets.docx
Visual Studio Short Answer- 1- What is the name of the tool that lets.docx
 
Visit two or more social media sites and review information that peopl.docx
Visit two or more social media sites and review information that peopl.docxVisit two or more social media sites and review information that peopl.docx
Visit two or more social media sites and review information that peopl.docx
 
Visual Basic Short Answer- 1- What is the primary advantage to definin.docx
Visual Basic Short Answer- 1- What is the primary advantage to definin.docxVisual Basic Short Answer- 1- What is the primary advantage to definin.docx
Visual Basic Short Answer- 1- What is the primary advantage to definin.docx
 
Vanadium is a transition metal that can be found in the four consecuti.docx
Vanadium is a transition metal that can be found in the four consecuti.docxVanadium is a transition metal that can be found in the four consecuti.docx
Vanadium is a transition metal that can be found in the four consecuti.docx
 
Virtual Computing Questions-- Answer both questions in 500-600 words W.docx
Virtual Computing Questions-- Answer both questions in 500-600 words W.docxVirtual Computing Questions-- Answer both questions in 500-600 words W.docx
Virtual Computing Questions-- Answer both questions in 500-600 words W.docx
 
VB Create a Class named file that contains the following properties- I.docx
VB Create a Class named file that contains the following properties- I.docxVB Create a Class named file that contains the following properties- I.docx
VB Create a Class named file that contains the following properties- I.docx
 
Virtual Computing Question-- Answer the following question that listed.docx
Virtual Computing Question-- Answer the following question that listed.docxVirtual Computing Question-- Answer the following question that listed.docx
Virtual Computing Question-- Answer the following question that listed.docx
 
Ventura Capital is a financier who specializes in capitalizing start-u (1).docx
Ventura Capital is a financier who specializes in capitalizing start-u (1).docxVentura Capital is a financier who specializes in capitalizing start-u (1).docx
Ventura Capital is a financier who specializes in capitalizing start-u (1).docx
 
VB -What is the primary advantage to defining an interface type in an.docx
VB -What is the primary advantage to defining an interface type in an.docxVB -What is the primary advantage to defining an interface type in an.docx
VB -What is the primary advantage to defining an interface type in an.docx
 
Valence electrons are not responsible for A- B- O D- The chemical reac.docx
Valence electrons are not responsible for A- B- O D- The chemical reac.docxValence electrons are not responsible for A- B- O D- The chemical reac.docx
Valence electrons are not responsible for A- B- O D- The chemical reac.docx
 
Vertically polarized light that has an intensity of 200 W-m2 is incide.docx
Vertically polarized light that has an intensity of 200 W-m2 is incide.docxVertically polarized light that has an intensity of 200 W-m2 is incide.docx
Vertically polarized light that has an intensity of 200 W-m2 is incide.docx
 
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docxWeek 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
Week 4 - HIDS or AntiVirus Systems Research Paper The focus of the res (1).docx
 
Week 2 Discussion- I need help understanding the following question- C.docx
Week 2 Discussion- I need help understanding the following question- C.docxWeek 2 Discussion- I need help understanding the following question- C.docx
Week 2 Discussion- I need help understanding the following question- C.docx
 
We will assume the universe is expanding at a constant rate- At t - t0.docx
We will assume the universe is expanding at a constant rate- At t - t0.docxWe will assume the universe is expanding at a constant rate- At t - t0.docx
We will assume the universe is expanding at a constant rate- At t - t0.docx
 
We normally think of the arts as very different from technologies in s.docx
We normally think of the arts as very different from technologies in s.docxWe normally think of the arts as very different from technologies in s.docx
We normally think of the arts as very different from technologies in s.docx
 
We discussed how the processor routes data between internal components.docx
We discussed how the processor routes data between internal components.docxWe discussed how the processor routes data between internal components.docx
We discussed how the processor routes data between internal components.docx
 
We normally think of the arts as very different from technologies in s (1).docx
We normally think of the arts as very different from technologies in s (1).docxWe normally think of the arts as very different from technologies in s (1).docx
We normally think of the arts as very different from technologies in s (1).docx
 
We reproduce the class Money here- in part- class Money{ public- Mone.docx
We reproduce the class Money here- in part- class Money{ public-  Mone.docxWe reproduce the class Money here- in part- class Money{ public-  Mone.docx
We reproduce the class Money here- in part- class Money{ public- Mone.docx
 
We have two oscillators- used to measure time- One is a vertical mass-.docx
We have two oscillators- used to measure time- One is a vertical mass-.docxWe have two oscillators- used to measure time- One is a vertical mass-.docx
We have two oscillators- used to measure time- One is a vertical mass-.docx
 

Recently uploaded

The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
KarakKing
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
AnaAcapella
 

Recently uploaded (20)

HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 

Wehr Inc- is preparing its cash budget for April- The budgeted beginni (1).docx

  • 1. Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Prepare the company's cash budget for April. (Input all amounts as positive values.) Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $128,000. The desired ending cash balance is $50,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Solution Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000 Wehr Inc. Cash Budget For the Month of April   Cash balance, beginning 27000   Add cash receipts 140000   Total cash available 167000   Less cash disbursements 128000   Excess (deficiency) of cash available over disbursements 39000   Borrowings 11000   Cash balance, ending 50000