This is assuming accountant has requested a minimun cash balance of $7k at the start of each month. All borrowings, repayments, investments are made in even $1k amounts. Please see far below for chart…
| July
| August
| September
| Total
| |||||||
| Cash Balance Beginning
| $7,400
| $7,200
| x
| x
| ||||||
| Cash Receipts
| 16,400
| 20,200
| x
| x
| ||||||
| Total cash available
| $23,800
| $27,400
| 41,000
| 77,800
| ||||||
| Cash Disbursments:
| ||||||||||
| Payments on account
| 2,600
| 7,800
| 11,400
| x
| ||||||
| Wage Expenses
| 10,000
| x
| 12,400
| 34,600
| ||||||
| Overhead Costs
| 8,000
| 9,200
| 8,800
| 26,000
| ||||||
| Total disbursments
| 20,600
| x
| 32,600
| x
| ||||||
| Cash excess
| $3,200
| x
| x
| x
| ||||||
| Min. cash bal.
| -7,000
| -7,000
| x
| x
| ||||||
| Cash available
| ($3,800)
| -8,800
| x
| -11,600
| ||||||
| Financing:
| ||||||||||
| Borrowings
| 4,000
| x
| -1,000
| x
| ||||||
| Sell investments
| 0
| 0
| x
| x
| ||||||
| Receive interest
| 0
| 0
| x
| -20
| ||||||
| Ending cash balance
| 7,200
| x
| x
| 7,380
| ||||||
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