Preparation of cash budget for a monththe following

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Preparation of cash budget for a month.

The following information is available for Gurek Company for the month of January: expected cash receipts $60,000; expected cash disbursements $67,000; cash balance on January 1, $12,000. Management wishes to maintain a minimum cash balance of $8,000. Prepare a basic cash budget for the month of January.

Reference no: EM13356651

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