Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $20,000. Budgeted cash receipts total $192,000 and budgeted cash disbursements total $191,000. The desired...

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Extracted text: Sedita Inc. is working on its cash budget for July. 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 (deficienccy) of cash available over disbursements for July will be: Multiple Choice $21,000 $1,000 $212,000 $19,000