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A Company is preparing a cash budget for June....

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Accounting

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A Company is preparing a cash budget for June. The company has $93,800 cash at the beginning of June and anticipates $115,290 in cash receipts and $130,880 in cash disbursements during June. This company has an agreement with its bank to maintain a cash balance of at least $91.000. As of May 31, the company owes $33,000 to the bank. To maintain the $91,000 required balance, during June the company must 0130-51 Multiple Cholce Borrow $12790 Repay $15,590 Borrow $33,000 Repay $33.000 Repay $12,790

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