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Which of the following transactions will affect the cash budget for a particular month in which each transaction occurs? The choices are: sale of a

Which of the following transactions will affect the cash budget for a particular month in which each transaction occurs? The choices are:

  1. sale of a product when payment will be received in 60 days
  2. payment for direct labor
  3. amortization of prepaid insurance
  4. depreciation of a piece of equipment that was purchased last year

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