Explain how there can be a negative cash balance shown in a cash budget at the end

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Explain how there can be a negative cash balance shown in a cash budget at the end of a month.

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 24, 2023 01:21 PM

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Explain how there can be a negative cash balance shown in a cash budget at the end

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A negative cash balance at the end of a month in a cash budget occurs when the projected cash outflows expenses for that month exceed the projected ca...View the full answer

Cambridge International AS And A Level Accounting

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