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Sedita incorporated is working on its cash budget for July. The budgeted beginning cash balance is $13,000. Budgeted cash receipts total $182,000 and budgeted

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Sedita incorporated is working on its cash budget for July. The budgeted beginning cash balance is $13,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $181,000. The desired ending cash balance is $35,000. The excess (deficiency) of cash avallable over disbursements for July will be: Multiple Choice $12,000 $14,000 $195,000 $1,000

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