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prepare a cash budget on a monthly basis for the three months ending December 2022. Stacey's Landscaping Solutions provides services to fandilords and property owners.
prepare a cash budget on a monthly basis for the three months ending December 2022. Stacey's Landscaping Solutions provides services to fandilords and property owners. The following data relates to the expected operations for the three months of October to December 2022. Additional Iniormation: - Stacevimtantopunchise new a quipment in Dctober of 5 I2,000 cash - The Gid eppripent in expected to be sold in November for 54,000 + Salaties paid eactimonthace 58.500. - Adeninistrative cossipadidach month afe 52,000 - Deprecutor on equipment in Oetober is 5500 and will increase to 51 , 200 each qsonth from November due to ther new equinment purchased - Stacer likes to keep a minimiim cash balance af 512,000 each month - The cath balanci asiat 30 September 2022 was 515000. Required: Prepale a cash budger cin a monthly baiss for the three months ending December 20727
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