The following information was taken from Oriole Company cash budget for the month of April Beginning...
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The following information was taken from Oriole Company cash budget for the month of April Beginning cash balance $134000 Cash receipts 121000 Cash disbursements 152000 Depreciation 29500 If the company has a policy of maintaining an end of the month cash balance of $112000, the amount the company would have to borrow is O $130000. O $31000. O $9000. O $0. The following information was taken from Oriole Company cash budget for the month of April Beginning cash balance $134000 Cash receipts 121000 Cash disbursements 152000 Depreciation 29500 If the company has a policy of maintaining an end of the month cash balance of $112000, the amount the company would have to borrow is O $130000. O $31000. O $9000. O $0.
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Posted Date:
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