You are the new manager of the local Tronic Electronics store. Top management of Tronic Electronics is convinced that management training should include the active participation of store managers in the budgeting process. You have been asked to prepare a complete master budget for your store for June, July, and August. All accounting is done centrally so you have no expert help on the premises. In addition, tomorrow the branch manager and the assistant controller will be here to examine your work; at that time, they will assist you in formulating the final budget document. The idea is to have you prepare the initial budget on your own so that you gain more confidence about accounting matters. You want to make a favorable impression on your superiors, so you gather the following financial statement and sales data as of May 31, 20X8:
Prepare the cash budget for June, July, and August. Recall that all borrowing and repayments of principal are made in multiples of $1,000. (Complete all answer boxes. Use a minus sign or parentheses for cash outflows and cash deficiencies. Round your answer for Borrowing to the nearest thousand dollars.
Please see additional data. As well as a snip of the info I've
gathered so far. I'm stuck. 
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You are the new manager of the local Tronic Electronics store. Top management of Tronic Electronics is convinced that ma...
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You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash. Since you are well trained in budgeting, you have decided to prepare a master budget for the upcoming second quarter. To this end, you have...
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You have just been hired as a new management trainee by Earrings Unlimited, a distributor of...
You have just been hired as a new management trainee by Earrings
Unlimited, a distributor of earrings to various retail outlets
located in shopping malls across the country. In the past, the
company has done very little in the way of budgeting and at certain
times of the year has experienced a shortage of cash. Since you are
well trained in budgeting, you have decided to prepare a master
budget for the upcoming second quarter. To this end, you have...
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You have just been hired as a new management trainee by Earrings
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