Chatelaine Company is preparing its budget for the 3rd quarter. The cash balance on June 30 was
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Question:
Chatelaine Company is preparing its budget for the 3rd quarter. The cash balance on June 30 was $30,000. Additional budgeted data is provided here:
What amount should be shown in the cash budget for the cash balance at the end of July?
A) $19,100
B) $30,000
C) $29,050
D) $42,200
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