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A company is preparing a cash buctget for March. The company has $30,420 cash at the beginning of March and budgets $75,420 in cash recelpts

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A company is preparing a cash buctget for March. The company has $30,420 cash at the beginning of March and budgets $75,420 in cash recelpts from sales and $97,050 in cash poyments during March. The company has an agreement with its bank to maintain a cash balance of $10,100 at the end of each month and will take a loan if necessary to maintain this balance. Prepare the cash budget for March. Note: Negative cash balances, if any, should be indicated with minus sign

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