Arnold Company is preparing a cash budget for the month of June.The following information is available: The minimum cash balance desired is $5,000.What are the net cash receipts and disbursements for the month of June?
A)$(2,000)
B)$(3,000)
C)$2,000
D)$3,000

Question

Arnold Company is preparing a cash budget for the month of June.The following information is available:  The minimum cash balance desired is $5,000.What are the net cash receipts and disbursements for the month of June?
A)$(2,000) 
B)$(3,000) 
C)$2,000 
D)$3,000

Quizplus · Accepted Answer

The Answer of Arnold Company is preparing a cash budget for the month of June.The following information is available:  The minimum cash balance desired is $5,000.What are the net cash receipts and disbursements for the month of June?
A)$(2,000) 
B)$(3,000) 
C)$2,000 
D)$3,000

Arnold Company Is Preparing a Cash Budget for the Month