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For June,Rogue River Rafting Will Have Cash Receipts of $94,000

Question 16

Multiple Choice

For June,Rogue River Rafting will have cash receipts of $94,000 and cash disbursements of $75,000.If its beginning cash is $2,000 and its desired reserve is $15,000,what will be its excess in cash for the month?


A) -$11,000
B) -$8,000
C) $0
D) $6,000

Correct Answer:

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