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the working should look similar to these 2 pictures please: The Murphy Group has compiled 10 points sales and disbursement estimates for the coming months
the working should look similar to these 2 pictures please: The Murphy Group has compiled 10 points sales and disbursement estimates for the coming months of July through December 2024. Historically 30% of sales are for cash, 50% are collected in the next month, and the remaining 20% are collected in the second month following the sale. The ending cash Balance in July is $3000. The company has a minimum cash balance of $4000. Prepare a Cash Budget for August through November 2024. The firm wishes to maintain a The beginning cash balance on April 1 is $115. Statement of cash receipts Explanation: Statement of cash receipts is given above. Statement of cash budget The Murphy Group has compiled 10 points sales and disbursement estimates for the coming months of July through December 2024. Historically 30% of sales are for cash, 50% are collected in the next month, and the remaining 20% are collected in the second month following the sale. The ending cash Balance in July is $3000. The company has a minimum cash balance of $4000. Prepare a Cash Budget for August through November 2024. The firm wishes to maintain a The beginning cash balance on April 1 is $115. Statement of cash receipts Explanation: Statement of cash receipts is given above. Statement of cash budget
the working should look similar to these 2 pictures please:
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