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Webber company is preparing its cash budget for the

Webber Company is preparing its cash budget for the upcoming quarter. The budgeted beginning cash balance is expected to be $30,000. Cash Receipts and Disbursements are as follows for each month of the quarter.

	Month 1	Month 2	Month 3
Cash Receipts	10000	11000	12000
Cash Disbursements	9000	14512	8349

Webber wants to maintain a minimum cash balance of $29382 each month of the quarter. How much will they need to borrow at anytime during the quarter (either month 1,2, or 3) in order to maintain that balance?

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Accounting Basics: Webber company is preparing its cash budget for the

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