Cash available over disbursements


Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $23,000. Budgeted cash receipts total $195,000 and budgeted cash disbursements total $194,000. The desired ending cash balance is $39,000. The excess (deficiency) of cash available over disbursements for June will be?

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Accounting Basics: Cash available over disbursements
Reference No:- TGS0717254

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