Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. arakaki inc. is working on its cash budget for jan

Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance...

80.2K

Verified Solution

Question

Accounting

Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $20,000. Budgeted cash receipts total $192,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $36,000. The excess (deficiency) of cash available over disbursements for January will be:

$19,000

$212,000

$21,000

$1,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 11-15 (Algorithmic) Ocala Software Systems operates a technical support center for its software customers. If customers...

Statistics
Q

For a club that i am part of. we are making batteries using zinc, copper, activated charcoal, and...

Chemistry
Q

Collins LLC is a manufacturer of carpets that are sold to retailers throughout the United States....

Operations Management
Q

Some hints: use the definition: f is a function iff a = b implies f(a) =...

Advance Math
Q

Five COVID 19 mutants were identified that did not attach to epithelial cell membranes Complementation...

Biology
Q

In the circuit diagram shown all the capacitors are in F The equivalent capacitance between...

Physics
Q

A drug that stimulates reproduction is introduced into a colony of bacteria After t minutes...

Calculus
Q

Find an ordered pair that satisfies the equation 4x 5y 17 by letting x 3...

Algebra
Q

Chance Enterprises leased equipment from Third Bank Leasing on January 1, 2021. Chance elected the...

Accounting
Q

tactorr Overtiead - Meterials =v Wages Parable = (5) Accovnts raxable

Accounting
Q

Beta Company manufactures steel. The first-in, first-out equivalent units for December are 15,000. The costs...

Accounting
Q

Lenning Corporation uses the FIFO method in its process costing. The following data pertain to...

Accounting