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Cash Budget

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Cash Budget.

The following data are from the budget of Ritewell Publishers. Half the company's sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $30 and total sales in January were $180. Tables provided in the attached word document.

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Solution Summary

This solution looks at a cash budget for Ritewell Publishers.

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