Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000.The excess (deficiency) of cash available over disbursements for March will be:

A. $24,000
B. $215,000
C. ($9,000)
D. $42,000


Answer: A

Business

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