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Sunland Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for 2 0 2 5 . January February Sales $ 3 6
Sunland Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for January February Sales $ $ Purchases Salaries Administrative expenses Selling expenses All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the month incurred. Administrative expenses include $ of depreciation per month. Other data. Collections from customers: January $; February $ Payments for purchases: January $; February $ Other receipts: January: collection of December notes receivable $; February: proceeds from sale of securities $ Other disbursements: February $ cash dividend. the companys cash balance on january is expected to be $ The company wants to maintain a minimum cash balance of $ Prepare a cash budget for january and february
Sunland Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for
January
February
Sales
$
$
Purchases
Salaries
Administrative expenses
Selling expenses
All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the month incurred. Administrative expenses include $ of depreciation per month.
Other data.
Collections from customers: January $; February $
Payments for purchases: January $; February $
Other receipts: January: collection of December notes receivable $; February: proceeds from sale of securities $
Other disbursements: February $ cash dividend.
the companys cash balance on january is expected to be $ The company wants to maintain a minimum cash balance of $
Prepare a cash budget for january and february
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