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    Expected cash balance at the end of January

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    Cash receipts for January are expected to total $171,000. Cash disbursements for January are expected to be $158,000. The company's minimum desired cash balance is $10,000. It started the period with $35,000. What is the expected cash balance at the end of January?

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    https://brainmass.com/business/accounting/expected-cash-balance-end-january-291214

    Solution Summary

    The solution explains how to calculate the expected cash balance at the end of January

    $2.19

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