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The Crew Corporation is working on their master budget and is currently concentrating on the cash budget for April. The desired ending cash balance is
The Crew Corporation is working on their master budget and is currently concentrating on the cash budget for April. The desired ending cash balance is $50,000 for the cash budget. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $175,000 and budgeted cash disbursements total $174,000. The excess (deficiency) of cash available over disbursements for April will be: O $47,000 $221,000 $45,000 O $1,000
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