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How much cash if any must be borrowed to maintain the

Batista Company management wants to maintain a minimum monthly cash balance of $20,100. At the beginning of April, the cash balance is $22,100, expected cash receipts for April are $244,100, and cash disbursements are expected to be $255,000.

How much cash, if any, must be borrowed to maintain the desired minimum monthly balance?

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Accounting Basics: How much cash if any must be borrowed to maintain the

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