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The following information is available for Kingbird Company for the month of January: expected cash receipts $60,430, expecte
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Answer-   KINGBIRD COMPANY

Cash Budget

For the Month of January

Beginning cash balance $12,360
Add:- Cash receipt $60,430
Total cash available $72,790
Less: Cash disbursement $66,450
Excess of available cash over cash disbursements $6,340
Add:-Finance needed $1,390
Closing cash balance (required) $7,730

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