Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance...
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Accounting
Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $30,000. Budgeted cash receipts total $195,000 and budgeted cash disbursements total $194,000. The desired ending cash balance is $47,000. The excess (deficiency) of cash available over disbursements for June will be:
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