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Gerry Company Has Gathered the Following Information

Question 36

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Gerry Company has gathered the following information:
Gerry Company has gathered the following information: Gerry desires to keep a minimum cash balance of $20,000.Required: Prepare a cash budget for May, and indicate whether or not Gerry meets minimum cash requirements. Gerry desires to keep a minimum cash balance of $20,000.Required:
Prepare a cash budget for May, and indicate whether or not Gerry meets minimum cash requirements.

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