December of the previous year : 10,000 January : 70,000 February : 30,000 March :...
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Accounting
December of the previous year : 10,000
January : 70,000
February : 30,000
March : 50,000
April : 20,000
Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $80,000.00, and this was the ending cash balance in the cash account on December 31
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