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Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $23,000. Budgeted cash receipts total $195,000 and budgeted cash

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Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $23,000. Budgeted cash receipts total $195,000 and budgeted cash disbursements total $194,000. The desired ending cash balance is $39,000. The excess (deficiency) of cash available over disbursements for January will be: Multiple Choice

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