Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $28,000. Budgeted cash receipts total $183,000 and budgeted cash disbursements total $185,000. The desired ending cash balance is $44,000.
The excess (deficiency) of cash available over disbursements for January is:
$213,000© BrainMass Inc. brainmass.com June 3, 2020, 9:57 pm ad1c9bdddf
The solution explains how to calculate the amount of excess cash available over disbursements