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Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $29,000. Budgeted cash receipts total $187,000 and budgeted cash

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Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $29,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $186,000. The desired ending cash balance is $51,000. The excess (deficiency) of cash available over disbursements for July will be Multiple Choice 30,000 $28,000 $1000 216,000

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