10. barbara inc. is working on its cash budget for june. the budgeted beginning cash balance is $16,000. budgeted cash receipts total $188,000 and budgeted cash disbursements total $187,000. the desired ending cash balance is $40,000. the excess (deficiency) of cash available over disbursements for june will be:

$17,000

Explanation:

Given that,

Budgeted beginning cash balance = $16,000

Budgeted cash receipts total = $188,000

Budgeted cash disbursements total = $187,000

Desired ending cash balance = $40,000

The excess (deficiency) of cash available over disbursements for June will be:

= Beginning cash balance + Cash receipts - Cash disbursements

= $16,000 + $188,000 - $187,000

= $17,000

b. a single paragraph.

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