Cash available over disbursements, Accounting Basics

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Cash available over disbursements

Nelson Company is working on its cash budget for June. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $188,000 and budgeted cash disbursements total $187,000. The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursements for June will be:

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Accounting Basics: Cash available over disbursements

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Accounting Basics: Cash available over disbursements

Reference No:- TGS058774

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Analyze the tax consequences of the transaction

Q : What was the cost of the units sold

Q : Determine the appropriate allowance

Q : Security interest in factory equipment

Q : Cash available over disbursements

Q : Merchandise on account from obrien company

Q : What are the tax consequences to sally

Q : Transaction on the accounting equation

Q : Compute the equivalent units of production for materials

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Cash available over disbursements

Reference No:- TGS058774

Recent Questions Asked Accounting Basics

Q : Analyze the tax consequences of the transaction

Q : What was the cost of the units sold

Q : Determine the appropriate allowance

Q : Security interest in factory equipment

Q : Cash available over disbursements

Q : Merchandise on account from obrien company

Q : What are the tax consequences to sally

Q : Transaction on the accounting equation

Q : Compute the equivalent units of production for materials

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