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Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is...

Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $41,000. Budgeted cash receipts total $114,000 and budgeted cash disbursements total $113,000. The desired ending cash balance is $60,000. How much will be the excess (deficiency) of cash available over disbursements for January?

A. $1,000 B. $155,000 C. $42,000 D. $40,000

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ekkarill92 answered 2 years ago
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