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Exercise 20-17(Algo) Preparation of cash budgets (for three periods) LO P2 Kayak Company...

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Accounting

Exercise 20-17(Algo) Preparation of cash budgets (for three periods) LO P2
Kayak Company budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year.
\table[[,Cash Receipts,Cash payments],[January,$524,000,$469,700
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