On 30 June 2017,Alpha Company's cash balance is $4,000.Alpha is now preparing its cash budget for the third quarter of 2017.The following data is provided:
The amount of cash that should be shown in the budgeted balance sheet as on 30 September would be:
A) $22,958.
B) $7854.
C) $55,958.
D) $6958.
Correct Answer:
Verified
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