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Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $12,000. Budgeted cash disbursements are $70,500, while budgeted cash receipts are $86,100. Wriston Company wants to have an ending cash balance of $40,000. The excess (deficiency) of cash available over disbursements for the month would be:

a. $27,600.

b. $168,600.

c. $(27,600)

d. $110,500.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M944649

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