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Calculate the excess of cash available

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Problem - Arakaki Inc. is working on its cash budget for January. 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.

Calculate the excess (deficiency) of cash available over disbursements for January?

Reference no: EM132464524

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