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8) Kid Rock LLC is working on its cash budget for July. The budgeted beginning cash balance is $50,000. Budgeted cash receipts total $178,000 and
8) Kid Rock LLC is working on its cash budget for July. The budgeted beginning cash balance is $50,000. Budgeted cash receipts total $178,000 and budgeted cash disbursements total $168,000. The desired ending cash balance is $30,000. The excess (deficiency) of cash available over disbursements for July will be: A) $ 0 B) ($30,000) C) $30,000 D) $60,000
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