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

Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance...

70.2K

Verified Solution

Question

Accounting

Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $30,000. Budgeted cash receipts total $195,000 and budgeted cash disbursements total $194,000. The desired ending cash balance is $47,000. The excess (deficiency) of cash available over disbursements for June will be:

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

Equal moles of hydrogen and oxygen gases are placed in a container with a pin...

Physics
Q

Suppose the? risk-free interest rate is 5%?, and the stock market will return either be +21%...

Finance
Q

1) how to calculate limit resolution 2)what is used to increase of cheek cells 3) how to describe...

Biology
Q

How does proper forecasting for manufacturing of a product aid the business in meeting demand of...

General Management
Q

What does the Principle of Association tell us about fossils?The older deposits are more deeply...

Biology
Q

Age of Westminster investor in years Part 2 Under 35 35 49 50 7 102...

Statistics
Q

The interest on a $27000, 15%, 1-year note receivable is $31050. $228. $270. $4050

Accounting
Q

\begin{tabular}{rlrcc} & & & \multicolumn{1}{c}{ Cost } & Sales \\ May 1 & Beginning inventory...

Accounting
Q

Uraina Clark has conducted research on the impact of which hormone on behavior? ...

Accounting
Q

A comparative balance sheet and an income statement for Rowan Company are given below: ...

Accounting
Q

Use the following information for the Exercises below. (Algo) [The following information applies to the...

Accounting
Q

a standard unqualified auditor's report for a Us public company contains 3 sections. list and...

Accounting