Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance...
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Accounting
Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $22,000. Budgeted cash receipts total $194,000 and budgeted cash disbursements total $193,000. The desired ending cash balance is $38,000. The excess (deficiency) of cash available over disbursements for July will be:
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