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According to example 1 & 2 If the budgeted sales are as the last example and if you know the following: Opening cash balance in

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According to example 1 & 2 If the budgeted sales are as the last example and if you know the following: Opening cash balance in January is 30.000 L.E. Wages 15.000 per month. Overhead 20.000 L.E. (Include 5.000 depreciation) for Jan and Feb. Taxes on February 8.000 L.E. Collected interest 25.000 L.E. on March. Minimum reserve for each month is 15.000. . According to example 1 & 2 If the budgeted sales are as the last example and if you know the following: Opening cash balance in January is 30.000 L.E. Wages 15.000 per month. Overhead 20.000 L.E. (Include 5.000 depreciation) for Jan and Feb. Taxes on February 8.000 L.E. Collected interest 25.000 L.E. on March. Minimum reserve for each month is 15.000

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