Question: HELP ASAP PLEASE!! S9-12 Cash budget (Learning Objective 3) George Services, Inc., has $8,200 cash on hand on October 1. The company requires a minimum
HELP ASAP PLEASE!!
S9-12 Cash budget (Learning Objective 3) George Services, Inc., has $8,200 cash on hand on October 1. The company requires a minimum cash balance of $7,600. October cash collections are $548,410. Total cash pay. ments for October are $573,870. Prepare a cash budget for October. How much cash, if any, will George need to borrow by the end of October
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