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A company is preparing a cash budget for the month of December . It estimates a cash balance of $8,525 at the beginning of the month . The anticipated cash receipts are $ 154,600 and the cash disbursements are $160,950 . The company requires to maintain a minimum cash balance of $10,000 . Any deficit is loaned from the bank at a simple interest of 1 1/0 per month . Compute the preliminary cash balance at the end of December before any loan activity​? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about A company is preparing a cash budget for the month of December . It estimates a cash balance of $8,525 at the beginning of the month . The anticipated cash receipts are $ 154,600 and the cash disbursements are $160,950 . The company requires to maintain a minimum cash balance of $10,000 . Any deficit is loaned from the bank at a simple interest of 1 1/0 per month . Compute the preliminary cash balance at the end of December before any loan activity​? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company is preparing a cash budget for the month of December . It estimates a cash balance of $8,525 at the beginning of the month . The anticipated cash receipts are $ 154,600 and the cash disbursements are $160,950 . The company requires to maintain a minimum cash balance of $10,000 . Any deficit is loaned from the bank at a simple interest of 1 1/0 per month . Compute the preliminary cash balance at the end of December before any loan activity​?.

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