Fill in the missing cells in the following cash budget. Explain the implications of the...
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Accounting
Fill in the missing cells in the following cash budget. Explain the implications of the calculated net cash flows. Assume that the firm does not have a target cash balance. Cash Budget ITEM JUNE JULY
Cash receipts $5,000 $6,000 -
Cash distributions $3,500 $4,000 =
Net cash flow a. c. + Beginning cash $1,000 d. = Ending cash b. e.
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