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Varughese Incorporated is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursements for March will be:

Respuesta :

Tundexi

Answer:

$24,000

Explanation:

Beginning Cash Balance       33,000

Budgeted Cash Receipt        182,000

Total Available Cash                                       215000

Less: Cash Disbursements                             -191,000

Total excess (deficiency) of cash available  $24,000

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