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Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $ 1 5 , 0 0 0 . Budgeted

Sedita Inc. is working on its cash budget for July. The budgeted
beginning cash balance is $15,000. Budgeted cash receipts total
$178,000 and budgeted cash disbursements total $177,000. The
desired ending cash balance is $43,000. The excess (deficiency) of
cash available over disbursements for July will be:Multiple Choice: $16,000, $14,000, $1,000, $193,000

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