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Shullsburg Cheese is located in the historic district of the quaint Victorian mining village of Shullsburg, Wisconsin. Our cheese factory manufactures Wisconsin's original cheeses and
Shullsburg Cheese is located in the historic district of the quaint Victorian mining village of Shullsburg, Wisconsin. Our cheese factory manufactures Wisconsin's original cheeses and fresh, off the block Wisconsin cheese is our hallmark. Shullsburg is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000. Without any borrowing, the ending balance of cash will be:
A)$42,000
B)$215,000
C) ($9,000)
D)$24,000
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