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Need answers ASAP Ng Iho Pmanawa estimate the following for the six months...

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Accounting

Need answers ASAP

Ng Iho Pmanawa estimate the following for the six months ending 31 March next year:

Cash balance 1 October this year (Overdraft)

($13,725)

Cash receipts from commissions

$110,500

Cash payments for expenses

$115,220

Proceeds from the sale of motor vehicle

$7,800

Borrowing

$7,000

Depreciation on equipment

$3,380


The estimated cash balance at 31 March next year is:

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Ng lho Pmanawa estimate the following for the six months ending 31 March next year: Cash balance 1 October this year ($13,725) (Overdraft) Cash receipts from commissions $110,500 Cash payments for expenses $115,220 Proceeds from the sale of motor vehicle $7,800 Borrowing $7,000 Depreciation on equipment $3,380 The estimated cash balance at 31 March next year is: Select one: O a. $7,025 overdraft O b. $17,645 overdraft O c. $3,645 overdraft O d. $9,805 O e. None of these

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