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Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $23,000. Budgeted cash receipts total $195,000 and budgeted cash
Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $23,000. Budgeted cash receipts total $195,000 and budgeted cash disbursements total $194,000. The desired ending cash balance is $39,000. The excess (deficiency) of cash available over disbursements for July will be:
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Corporate Accounting Vol 1
Authors: Dr S. Kr. Paul, Prof. Chandrani Paul
1st Edition
164725146X, 9781647251468
