Multiple Choice
Rogers Corporation is preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $30,000.
-The excess (deficiency) of cash available over disbursements for April will be:
A) $32,000
B) $190,000
C) $48,000
D) ($8,000)
Correct Answer:
Verified
Correct Answer:
Verified
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