Final answer:
The correct option is (d) projected depreciation on retail store, as a combined cash budget does not include non-cash items like depreciation.
Step-by-step explanation:
(d) projected depreciation on retail store. A combined cash budget typically includes projected borrowings and repayments, projected cash balance at the end of the month, and projected cash collections and cash payments. It does not include non-cash items such as projected depreciation.
A cash budget is an essential financial tool that helps a company plan and manage its cash inflows and outflows over a specific period. It typically includes sections for cash collections from customers, cash paid out for expenses, borrowing, repayment of debt, and the resulting cash position at the end of the period. Depreciation is a non-cash expense reflecting the reduction in value of an asset over time and is therefore not included in a cash budget.
A combined cash budget includes various components such as projected borrowings and repayments, projected cash collections and cash payments, and projected cash balance at the end of the month. However, it does not include projected depreciation on retail store.