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Arnold Company Is Preparing a Cash Budget for the Month

Question 100

Multiple Choice

Arnold Company is preparing a cash budget for the month of June.The following information is available: Arnold Company is preparing a cash budget for the month of June.The following information is available: The minimum cash balance desired is $5,000.What are the net cash receipts and disbursements for the month of June? A) $(2,000) B) $(3,000) C) $2,000 D) $3,000 The minimum cash balance desired is $5,000.What are the net cash receipts and disbursements for the month of June?


A) $(2,000)
B) $(3,000)
C) $2,000
D) $3,000

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