Budgeted cash receipts total 183000 and budgeted cash, Ask an Expert

Accounting

Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,000. Budgeted cash receipts total $183,000 and budgeted cash disbursements total $188,000. The desired ending cash balance is $30,000.

The excess (deficiency) of cash available over disbursements for January is:

a. $23,000

b. $13,000

c. ($5,000)

d. $201,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M984009

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