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Riff, Inc. is working on its cash budget for June. The budgeted beginning cash balance is $30,000. Budgeted cash receipts total $202.000 and budgeted cash
Riff, Inc. is working on its cash budget for June. The budgeted beginning cash balance is $30,000. Budgeted cash receipts total $202.000 and budgeted cash disbursements total $201,000. The desired ending cash balance is $68,000. The excess (deficiency) of cash available over disbursements for June will be: O $29,000. O $1,000. $31,000 $232,000
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