An asterisk (*) will appear to the right of an incorrect entry. The essay portion will not be graded.
Enter a zero in cells you would otherwise leave blank.
a.
September October November December
Estimated cash receipts from:
Part-time job
Deposit
Total cash receipts
Estimated cash payments for:
Season football tickets
Additional entertainment
Tuition
Rent
Food
Deposit
Total cash payments
b.
c.
0%
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Cells with non-gray backgrounds are protected and cannot be edited.
Exercise 22(8)-1
Name:
Section:
[Key essay answer here]
[Key essay answer here]
Instructions
Craig Kovar
Cash Budget
For the Four Months Ending December 31
An asterisk (*) will appear to the right of an incorrect entry. The essay portion will not be graded.
Enter a zero in cells you would othiswise leave blank.
a.
September October November December
Estimated cash receipts from:
Estimated cash payments for:
b.
c.
Exercise 22(8)-1
Name:
Solution
Section:
The four-month budgets do not change with any identified activity level; thus, they are static budgets.
While Craig’s budget might first appear satisfactory, Craig must earn enough cash in order to pay for the spring
Craig Kovar
Cash Budget
For the Four Months Ending December 31
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON