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requires a 9,900 cash balance Loans taken to meet the requirement cost 2pet at the...

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Accounting

requires a 9,900 cash balance Loans taken to meet the requirement cost 2pet at the end of each month)Any preliminary cash balance above $9,900 used to repay loans at morth endThe cash balance on July 110,300 and the company has no outstanding loansBudgeted cash receipts other than for and budgeted payments other than for loan or interest payments) follow

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