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Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is...

Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $197,000 and budgeted cash disbursements total $196,000. The desired ending cash balance is $43,000. The excess (deficiency) of cash available over disbursements for July will be:

Multiple Choice

  • $26,000

  • $24,000

  • $1,000

  • $222,000

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Sdution , - Givendata, Beginning cash balance $25000 Budgeted cash receipts total $ 197000 Budgeted cash disbursements total

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