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Please help! thanks!! Crane Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for
Please help! thanks!!
Crane Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2025. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere. Prepare a cash budget for each of the first two quarters of 2025 . Beginning Cash Balance Add : Recelpts Collections from Patients Sale of Equipment Investment interest Total Receipts Total Cash Available Less 7 : Parment of income Taxes Prolessional Salaries $ 31800 2nd Quarter $ Pavment of income Taxes Payment of Income Tives Financing Overhead Costs Selling and Administrative Costs Total Disbursements. Total Cash Available Total Cash Avaliable. Add v: Borrowings Les: y: Repayments Ending Cash Balance Step by Step Solution
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