Multiple Choice
Einstein Company is preparing its cash budget for the upcoming month.The beginning cash balance for the month is expected to be $14,000.Budgeted cash receipts are $84,000,while budgeted cash disbursements are $72,000.Einstein Company wants to have an ending cash balance of $40,000.The excess (deficiency) of cash available over disbursements for the month would be
A) $170,000.
B) $(26,000) .
C) $112,000.
D) $26,000.
Correct Answer:

Verified
Correct Answer:
Verified
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