He minimum cash balance desired is 10000 what is the


A company is preparing a cash budget for the month of August.

Cash balance, July 31, 2015 $20,000

Cash Collections from customer in August 46,000

Cash paid for merchandise in August 42,000

Paid operating expenses in August 12,000

Purchase furniture for cash in August 3,000

Depreciation expense in August 2,000

Amortization expense in August 4,000

The minimum cash balance desired is $10,000. What is the deficiency of cash before financing on August 30, 2015?

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Financial Accounting: He minimum cash balance desired is 10000 what is the
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