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Kason Incorporated is working on its cash budget for the period. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $175,000 and budgeted
Kason Incorporated is working on its cash budget for the period. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $175,000 and budgeted cash disbursements total $174,000. The desired ending cash balance is $50,000. The budgeted amount of borrowing is:
$3,000.
$4,000.
$0.
$5,000.
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