A company has a beginning cash balance of $3,000.For the year,the company estimates cash disbursements of $85,900.It has a desired ending cash balance of $5,500 and anticipates no new financing.The estimated cash receipts are:
A)$77,400.
B)$79,900.
C)$82,900.
D)$88,400.

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The Answer of A company has a beginning cash balance of $3,000.For the year,the company estimates cash disbursements of $85,900.It has a desired ending cash balance of $5,500 and anticipates no new financing.The estimated cash receipts are:
A)$77,400.
B)$79,900.
C)$82,900.
D)$88,400.

A Company Has a Beginning Cash Balance of $3,000