Business, 29.04.2021 16:00 sebastianartiloufym8

Hilliard Company budgeted the following transactions for April Year 2: Sales (75% collected in month of sale) $ 340,000 Cash Operating Expenses 119,000 Cash Purchases of Investment 89,000 Cash Payment of Debt 29,000 Depreciation on Operating Assets 40,000 The beginning cash balance was $78,000. The company desires to have a $137,000 ending cash balance. The surplus (or shortage) of cash before considering any borrowings in April would be:

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Hilliard Company budgeted the following transactions for April Year 2: Sales (75% collected in month...

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