The cash receipt for each month as follows: $ Month 1 4,000 Month 2 6,000 Month 3 5,000 Month 4 7,000 Total sales 22,000 Purchases $ Month 1 6,000 Month 2 6,000 Month 3 4,000 Month 4 5,000 Total Purchases 21,000 The company has beginning cash for the of month 2 dollar 6502. the company has minimum cash Dollar 3266. What is amount of fun for the of 3? Answer:

The cash receipt for each month as follows: $ Month 1 4,000 Month 2 6,000 Month 3 5,000 Month 4 7,000 Total sales 22,000 Purchases $ Month 1 6,000 Month 2 6,000 Month 3 4,000 Month 4 5,000 Total Purchases 21,000 The company has beginning cash for the of month 2 dollar 6502. the company has minimum cash Dollar 3266. What is amount of fun for the of 3? Answer:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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