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Bigfoot Chasers Inc., is working on its cash budget for July. The budgeted beginning cash balance is $24,000. Budgeted cash receipts total $118,300 and budgeted cash disbursements total $115,000. The desired ending cash balance is $41,400. To attain its desired ending cash balance for July , the company needs to borrow: $68,700 $41,400 $0 $14,100

Financial Accounting, Accounting

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