In a Summary Cash Budget, the Total Cash Available Is

question 62

Multiple Choice

In a summary cash budget, the total cash available is calculated by:

• A) adding the cash receipts and deducting the cash disbursements from the beginning cash balance.
• B) adding the cash receipts to the beginning cash balance.
• C) adding the cash receipts and borrowings to the beginning cash balance.
• D) adding the cash balance before borrowing to interest on line of credit.