TB MC Qu. 13-79 (Algo) Ari, Inc. is working on its cash budget.. Ari, Inc. Is working on its cash budget for December. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $66,000. To attain its desired ending cash balance for December, the company needs to borrow: Any borrowing is in multiples of $1,000 and interest is paid in the month following the borrowing. To attain its desired ending cash balance for December, the company needs to borrow:

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter7: Payroll
Section: Chapter Questions
Problem 3.11C
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TB MC Qu. 13-79 (Algo) Ari, Inc. Is working on its cash budget...
Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $27,00O. Budgeted cash receipts total $140,000 and budgeted cash
disbursements total $139,000. The desired ending cash balance is $66.000. To attain its desired ending cash balance for December, the company needs to borrow:
ints
Any borrowing is in multiples of $1,000 and interest is paid in the month following the borrowing.
eBook
To attain its desired ending cash balance for December, the company needs to borrow:
References
Multiple Choice
$66,000.
SO.
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Transcribed Image Text:-Homework #9 -Co X ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=0&launchUrl=https%253A%252F%252Fnewlearn.govst.edu%252Fwebapps%252Fport... My Shelf Brytewav. Lumen Learning E Google Docs E Ch 9-Google Docs earn EReading list mework #9 i) Saved Help Save & Exit Submit 其 You received no credit for this question in the previous attempt. View previous attempt 16 TB MC Qu. 13-79 (Algo) Ari, Inc. Is working on its cash budget... Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $27,00O. Budgeted cash receipts total $140,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $66.000. To attain its desired ending cash balance for December, the company needs to borrow: ints Any borrowing is in multiples of $1,000 and interest is paid in the month following the borrowing. eBook To attain its desired ending cash balance for December, the company needs to borrow: References Multiple Choice $66,000. SO. 16 of 17 Next > < Prev Mc Graw Hill 8:13 ace ...
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