Solved: Excess deficiency of cash available over disbursements, Accounting Basics

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Excess deficiency of cash available over disbursements

Question: Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $28,000. Budgeted cash receipts total $183,000 and budgeted cash disbursements total $185,000. The desired ending cash balance is $44,000.

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

$211,000

$26,000

($5,000)

$213,000

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