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The accountant for Jean s Dress Shop prepared the following cash budget. Jean s desires to maintain a cash balance of $ 1 0 ,

The accountant for Jean

s Dress Shop prepared the following cash budget. Jean

s desires to maintain a cash balance of $

10, 000

at the end of each month. Funds are assumed to be borrowed and repaid on the last day of each month. Interest is charged at the rate of

1

percent per month. Please provide the excel codes to solve all the yellow boxes!!

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