Santos Company is preparing a cash budget for February. The company has $ cash at the beginning of February and budgets $ in cash receipts from sales and $ in cash payments during February. Prepare the cash budget for February assuming the company maintains a $ minimum cash balance and will take a loan if necessary to maintain this balance. The company has no loans outstanding on February
Note: Negative cash balances, if any, should be indicated with minus sign.
tableSANTOS COMPANYCash BudgetBeginning cash balance,FebruaryTotal cash available,Preliminary cash balance,Loan activity,Ending cash balance,
