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Hedlon Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $16,000. Budgeted cash
Hedlon Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $16,000. Budgeted cash disbursements are $80,000, while budgeted cash receipts are $89,000. Hedlon Company wants to have an ending cash balance of $30,000. The excess (deficiency) of cash available over disbursements for the month would be Question content area bottom Part 1 A. $185,000 B. $25,000 C. $(25,000) D. $110,000
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