Southland company is preparing a cash budget for august. the company has $17,000 cash at the beginning of august and anticipates $120,800 in cash receipts and $134,500 in cash disbursements during august. southland company wants to maintain a minimum cash balance of $10,000. the preliminary cash balance at the end of august before any loan activity is:
a. $3,300.
b. $13,300.
c. $137,800.
d. $13,700.
e. $27,000.
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Southland company is preparing a cash budget for august. the company has $17,000 cash at the beginni...
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