Solved: Rogers corporation is preparing its cash budget for july, Accounting Basics

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Rogers corporation is preparing its cash budget for july

Question - Rogers Corporation is preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $30,000.

Required - Find the excess (deficiency) of cash available over disbursements for July.

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Accounting Basics: Rogers corporation is preparing its cash budget for july

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Accounting Basics: Rogers corporation is preparing its cash budget for july

Reference No:- TGS02396419

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