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QUESTION 4 Please use the following information to answer Questions 4 & 5 Mohsen Inc. is working on its cash budget for June. The budgeted
QUESTION 4 Please use the following information to answer Questions 4 & 5 Mohsen Inc. is working on its cash budget for June. The budgeted beginning cash balance is SR16.000. Budgeted cash receipts total SR188.000 and budgeted cash disbursements total SR187.000. The desired ending cash balance is $40.000 The excess (deficiency of cash available over disbursements for June will be a. Excess SR15.000 16,00 18860 b. Deficiency SR17.000 204- c. Excess SR17,000 187- d. Excess SR204.000 6,56,00
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