Henry Lawrence provides the following budgets for cash receipts and cash disbursements for the year...
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Accounting
Henry Lawrence provides the following budgets for cash receipts and cash disbursements for the year 2022 on a quarterly basis. The ending cash balance on December 31, 2021 was $18,500. Q1 Q2 Q3 Q4 Total Receipts $26,000 $30,000 $16,000 $54,000 $126,000 Disbursements $18,000 $31,000 $11,000 $26,000 $86,000 Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. a) Calculate the net cash flow for each quarter. Q1 Q2 Q3 Q4 Receipts $Answer $Answer $Answer $Answer Disbursements $Answer $Answer $Answer $Answer Net Cash Flow $Answer $Answer $Answer $Answer b) Calculate the ending cash balance for each quarter. Q1 Q2 Q3 Q4 Opening Balance $Answer $Answer $Answer $Answer Net Cash Flow $Answer $Answer $Answer $Answer Ending Balance $Answer $Answer $Answer $Answer
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