For March, Heavenly Hotel will have cash receipts of $365,000 and cash disbursements of $370,000. If its beginning cash is $4,000 and its reserves are $3,000, what will be its shortfall in cash for the month?
A) There is no shortfall in cash but an excess of cash.
B) -$3,000
C) -$4,000
D) -$5,000
Correct Answer:
Verified
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