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Sand Company expects to have a cash balance of $51.000 on January budget data for the first two months of 2017 1. Collections from customers
Sand Company expects to have a cash balance of $51.000 on January budget data for the first two months of 2017 1. Collections from customers January 563,000, February $136.600 2. Payments to suppliers: January $42,800, February $50.900 3. Wages: January $34.900. February $40,900 Wages are paid in the month they Administrative expenses: January 24,900. February 532.800 cosind de depreciation of Selling expenses: January $18,900, February $22.000. These costs are exclusive of depreciation 6. Sales of short-term investments in January are expected to realize $14.700 in cash. Sandhill has maintain a minimum monthly cash balance of $25.000 th. All other costs are paid as incurred that enables it to borrow up to $42.000. The company wants to Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter for amounts) . SANDHILL COMPANY Cash Budget For the Months End . 30 and February 28, 2022 January
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