What is the amount of cash excess or deficiency (after considering the minimum cash balance required)for February?

Question

Quizplus · Accepted Answer

To determine the cash excess or deficiency, you typically need to consider the beginning cash balance, add expected cash receipts, subtract expected cash disbursements, and then compare the result to the minimum cash balance required. Without specific numbers from the scenario, it's not possible to provide a detailed calculation. However, a deficiency of $900 indicates that after accounting for all cash inflows and outflows, the company is short of meeting its minimum cash balance requirement by $900.

What Is the Amount of Cash Excess or Deficiency (After