Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $199,000 and budgeted cash disbursements total $198,000. The desired ending cash balance is $47,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice O $26,000 $1,000 $226,000 $28,000

Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $199,000 and budgeted cash disbursements total $198,000. The desired ending cash balance is $47,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice $26,000 $1,000 $226,000 $28,000