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ABC Company has a cash balance of $44,000 on August 1 and requires a minimum...

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Accounting

ABC Company has a cash balance of $44,000 on August 1 and requires a minimum ending cash balance of $30,716. Cash receipts
from sales budgeted for August are $319,716. Cash disbursements budgeted for August include inventory purchases, $46,000; other
manufacturing expenses, $123,000; operating expenses, $61,000; bond retirements, $69,000; and dividend payments, $34,000.
Required:
Prepare a cash budget for ABC Company for August.
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