What will be its shortfall in cash for the month

Reference no: EM13267516

For March, Heavenly Hotel will have cash receipts of $365,000 and cash disbursements of $370,000. If its beginning cash is $4,000 and its reserves are $3,000, what will be its shortfall in cash for the month?

A) There is no shortfall in cash but an excess of cash.

B) -$5,000

C) -$3,000

D) -$4,000

Reference no: EM13267516

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