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Koko Kola Corporation estimates the following for 2020: Sales (all on account) Collections of accounts receivable Proceeds from bond issuance Proceeds from sale of common
Koko Kola Corporation estimates the following for 2020: Sales (all on account) Collections of accounts receivable Proceeds from bond issuance Proceeds from sale of common stock Merchandise bought on credit Payments of accounts payable Cash payments of expenses Cash purchase of computerized equipment Depreciation of computerized equipment Payment on notes payable Ending cash balance for 2009 was $150,000. Prepare a cash budget to determine the ending cash balance for 2010. $600,000 400,000 200,000 300,000 350,000 300,000 60,000 100,000 10,000 20,000
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