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Riff, Incorporated is working on its cash budget for June. The budgeted beginning cash balance...

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Accounting

Riff, Incorporated is working on its cash budget for June. The budgeted beginning cash balance is $36,000. Budgeted cash receipts total $208,000 and budgeted cash disbursements total $207,000. The desired ending cash balance is $80,000. The excess (deficiency) of cash available over disbursements for June will be

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