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Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 3 0 is given below: Required 1 /

Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as of April 30 is given below:
Required
1/ caculate the expect cash collection from customers on May
2/caculated the expected cash disbursement for mechandise purchase for May
3/ prepare cash budget in May
4/ prepare a budget income statement for May
5/ prepare a budget balance sheet as for May 31
\table[[,\table[[Minden Company],[Balance Sheet],[April 30]]],[Assets,],[Cash,$17,200

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