ACCT 504 WEEK 6 CASE STUDY 3 – CASH BUDGETING – LBJ COMPANY

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ACCT 504 Week 6 Case Study 3 – Cash Budgeting – LBJ Company,
What are the three sections of a Cash Budget, and what is included in each section?
1. The cash receipts section includes expected receipts from the company’s principal source(s) of cash. It also shows anticipated receipts 0f intersest and dividends, and proceeds from planned sales of investments, plant assets, and the company’s capital stock.
2. The cash disbursements section shows expected payments for inventory, labor, overhead, and selling and administative expenses. This section also includes projected payments for income taxes, dividends, investments, and plant assets.
3. The financing section shows expected borrowings and the repayment of the borrowed funds plus interest. The financing entry when there is a deficiency or when the cash balance balance is less than management’s minum required balance.
ACCT 504 Week 6 Case Study 3 – Cash Budgeting – LBJ Company,
What are the three sections of a Cash Budget, and what is included in each section?
1. The cash receipts section includes expected receipts from the company’s principal source(s) of cash. It also shows anticipated receipts 0f intersest and dividends, and proceeds from planned sales of investments, plant assets, and the company’s capital stock.
2. The cash disbursements section shows expected payments for inventory, labor, overhead, and selling and administative expenses. This section also includes projected payments for income taxes, dividends, investments, and plant assets.
3. The financing section shows expected borrowings and the repayment of the borrowed funds plus interest. The financing