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Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $19,000. Budgeted cash receipts total $191,000 and budgeted cash
Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $19,000. Budgeted cash receipts total $191,000 and budgeted cash disbursements total $190,000. The desired ending cash balance is $34,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice O O $20,000 O $18,000 O $1,000 $210,000 O
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