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The following information is available for Pharoah Company for the month of January: expected cash receipts $58,420; expected cash disbursements $66,500; and cash balance
The following information is available for Pharoah Company for the month of January: expected cash receipts $58,420; expected cash disbursements $66,500; and cash balance on January 1. $12,390. Management wishes to maintain a minimum cash balance of $8,120. Prepare a basic cash budget for the month of January. PHAROAH COMPANY Cash Budget For the Month of January
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
013703038X, 978-0137030385
