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The following information is available for Marin Company for the month of January: expected cash receipts $57,700, expected cash disbursements $66,780, and cash balance on
The following information is available for Marin Company for the month of January: expected cash receipts $57,700, expected cash disbursements $66,780, and cash balance on January 1,$12,460. Management wishes to maintain a minimum cash balance of $7,960. Prepare a basic cash budget for the month of January
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