Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $20,000, Budgeted cash receipts total $192,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $36,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice $21,000 $1,000 $212.000 $19,000 O O O

Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $20,000, Budgeted cash receipts total $192,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $36,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice $21,000 $1,000 $212.000 $19,000 O O O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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