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1) The following information was taken from Landry Company cash budget for of June: Beginning cash balance $30,000 Cash receipts 29,000 Cash disbursements 34,000 If
1) The following information was taken from Landry Company cash budget for of June: Beginning cash balance $30,000 Cash receipts 29,000 Cash disbursements 34,000 If the company has a policy of maintaining end of the month cash balance of $25,000, the amount the company would have to borrow is ______?
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