Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $16,000. Budgeted cas
Posted: Mon Mar 21, 2022 4:17 pm
Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $185,000 and budgeted cash disbursements total $184,000. The desired ending cash balance is $30,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice $17,000 $15,000 $1,000 $201,000