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Vermont Cheese Factory makes specialty cheeses that are sold locally. Vermont is working on its cash budget for March. The budgeted beginning cash balance is
Vermont Cheese Factory makes specialty cheeses that are sold locally. Vermont is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total 5182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursements for March will be: $42.000 $215.000 (59.000) $24,000
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