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The following information is available for Ivanhoe Company for the month of February: expected cash receipts $52,000; expected cash disbursements $58,000; cash balance February 1,

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The following information is available for Ivanhoe Company for the month of February: expected cash receipts $52,000; expected cash disbursements $58,000; cash balance February 1, $12,000. Management wishes to maintain a minimum cash balance of $10,000. Prepare a basic cash budget for the month of February Ivanhoe Company Cash Budget February $

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