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What will be shortfall in cash for the month

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Question 1: For August, Bletchley Blinds will have cash receipts of $97,000 and cash disbursements of $108,000. If its beginning cash is $5,000 and its desired reserve is $2,000, what will be its shortfall in cash for the month?

Option A) There is no shortfall in cash but an excess of cash.

Option B) -$11,000

Option C) -$8,000

Option D) -$6,000

Reference no: EM132518760

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