Please show all work 1. BATELLE Inc. is preparing its cash budget for November.

Question

Please show all work

1. BATELLE Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $11,000. Budgeted cash receipts total $126,000 and budgeted cash disbursements total $130,000. The desired ending cash balance is $20,000. The company can borrow up to $170,000 at any time from a local bank, with interest not due until the following month.

Required: Prepare the company's cash budget for November. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.

Explanation / Answer

BATELLE Inc.

Cash Budget

For the month of November

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