1 complete the following schedule schedule of

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1. Complete the following schedule. Schedule of Expected Cash Collections April May June Quarter Cash sales 36000 43200 54000 133200
2. Complete the following:
3. Complete the following using the above data. Cash Budget April May June Quarter cash balance, beginning 8,000 4,350 4,590 8,000 add cash collegctions 56,000 67,200 82,800 206,000 total cash available 64,000 71,550 87,390 214,000 less cash disbursements for inventory 47,850 58,500 53,550 159,900 for expenses 13,300 15,460 18,700 47,460 for equipment 1,500 1,500 total cash disbursements 62,650 73,960 72,250 208,860 excess (deficiency) of cash 1,350 -2,410 15,140 5,140 financing: borrowings 3,000

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