Cash available over disbursements problem


Doe company is working on its cash budget for May. The budgeted beginning cash bal. is $21000. Budgeted cash receipts total $193,000 and budgeted cash disbursements total $192,000. The desired ending cash balance is $37,000. The excess (deficiency) of cash available over disbursements for May will be?

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Accounting Basics: Cash available over disbursements problem
Reference No:- TGS054623

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