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For the month of October, Pratt Corporation predicts total cash collections to be $1 million. Also for October, Pratt Corporation estimates its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000. If Pratt Corporation estimates an ending cash balance of $30,000 for October, what must it's projected cash disbursements be?

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Accounting Basics, Accounting

Category:- Accounting Basics
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