Wriston Company is preparing its cash budget for the upcoming month.The beginning cash balance for the month is expected to be $12,000.Budgeted cash disbursements are $70,500,while budgeted cash receipts are $86,100.Wriston Company wants to have an ending cash balance of $40,000.The excess (deficiency) of cash available over disbursements for the month would be
A) $27,600.
B) $168,600.
C) $(27,600) .
D) $110,500.
Correct Answer:
Verified
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