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Cash Budgeting: Requirement: Create a cash budget for a given period. Question: Prepare a cash budget for the month of July 2024 using the following
·Cash Budgeting:
- Requirement: Create a cash budget for a given period.
- Question: Prepare a cash budget for the month of July 2024 using the following information: Beginning cash balance = $20,000, Expected cash receipts = $50,000, Expected cash disbursements = $40,000, Desired ending cash balance = $30,000.
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