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

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, the correct answer is identified as an excess of $15,800, suggesting that after accounting for all cash inflows and outflows, and considering the minimum required balance, there is an excess of $15,800.

What Is the Amount of Cash Excess or Deficiency (After