I\'m not sure how to get the amount of money she\'ll be short if she continued w

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I'm not sure how to get the amount of money she'll be short if she continued without the budget

ns At the beginning of the 2016 school year, Britney Logan decided to prepare a cash budget for the months of September, Octoter, Novenber and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget Cash balance, September 1 (from a summer job) Purchase season football tickets in September Additional entertainment for each month $8,640 Pay fall semester tuition in September Pay rent at the beginning of each month Pay for food each month 4,700 420 240 600 1,070 Pay apartment deposit on September 2 (to be returned December 15) Part-time job earnings each month (net of taxes) a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an averall cash decrease which should be indicated with a minus sign Britney Logan Cash Budget For the Four Months Ending December 31, 2016 December November September 12:10 AM 6/14/20187

Explanation / Answer

Tuition amount : 4700

Balance in cash budget in December : 4260

Short balance would be = 4700-4260 =440

If Logan did not budget but went ahead with the original plan, she would be $440, short at the end of December with no time left to adjust.

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