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Use the following information for #22 and #23: bries corporation is preparing its cash budget for january. the budgeted beginning cash balance is $18,000. budgeted cash receipts total $183,000 and budgeted cash disbursements total $188,000. the desired ending cash balance is $30,000.
22. the excess (deficiency) of cash available over disbursements for january is: a. $23,000 b. $13,000 c. ($5,000) d. $201,000
23. to attain its desired ending cash balance for january, the company should borrow: a. $17,000 b. $0 c. $30,000 d. $43,000
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Use the following information for #22 and #23: bries corporation is preparing its cash budget for j...
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