Business Finance Homework Help

At the beginning of the school year, Sheldon Allman decided to prepare a cash budget for the months of September,

need help preparing a cash budget forfour months

October, November and December, The following information relates to the budget.

Cash balance, September 1, $4,100

Purchase football season tickets in September 200

Additional entertainment for each month 150

Pay semester tuition on September 3 3,000

Pay rent at the beginning of each month 450

Pay food for each month 250

Pay apartment deposit on September 2 (to be returned December 15) 300

Part-time job earnings each month 600

Instructions

a. Prepare a cash budget for September, October, November and December