Answer: Please see answer below in the explanation column
Explanation: Zoo Inc company's cash budget for November indicsating borrowing is given by
Cash balance, beginning $ 21,000
Add cash receipts 117,000
Total cash available--(Cash balance + cash receipts)= $138 ,000
Less cash disbursements $ 86,000
Excess (deficiency) of cash available over disbursements (The beginning balance plus the expected cash receipts less the expected cash disbursement) ($ 21,000+$117,000)--$86,000 = $52,000
Financing ($65,000 − $52,000)= $13,000
Borrowings ----$100,000
Cash balance, ending ----$100,000+ $52,000 = $152,000(Burrowings + Excess cash available over disbursements)
