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Saved The following information is available to assist you in preparing a company's cash budget. a . The cash balance on July 1 is $

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The following information is available to assist you in preparing a company's cash budget.
a. The cash balance on July 1 is $45,000.
b. Actual sales for May and June and expected sales for July are as follows:
\table[[Cash sales,May,June,July],[Sales on account,$80,800,$74,000,$98,200
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