The following information was taken from Windsor, Inc. cash budget for the month of July: Beginning cash balance
$108000 Cash receipts
103000 Cash disbursements
146000 If the company has a policy of maintaining an end of the month cash balance of $108000, the amount the company would have to borrow is:

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii