Arakaki Inc. is working on its cash budget for January 2023. The budgeted beginning cash balance for the month is $85,00
Posted: Sat May 07, 2022 7:57 pm
Arakaki Inc. is working on its cash budget for January 2023. The
budgeted beginning cash balance for the month is $85,000. Budgeted
cash receipts total $216,000 and budgeted cash disbursements total
$252,000 during the month. The minimum desired ending cash balance
is $80,000. The excess (deficiency) of cash available over
disbursements for January 2023 will be:
$31,000
$49,000
$80,000
$7,000
budgeted beginning cash balance for the month is $85,000. Budgeted
cash receipts total $216,000 and budgeted cash disbursements total
$252,000 during the month. The minimum desired ending cash balance
is $80,000. The excess (deficiency) of cash available over
disbursements for January 2023 will be:
$31,000
$49,000
$80,000
$7,000