The amount of the deficiency or excess cash (after considering the minimum cash balance required) for January is a(n)

A) excess of $26,700
B) deficiency of $136,700
C) excess of $356,700
D) excess of $60,000

Cash Deficiency

A financial state where the cash available is not sufficient to cover the debts or liabilities owed, indicating potential liquidity problems.

Excess Cash

Funds held by a company that exceed its operational and investment needs, often indicating financial health or the potential for dividends or expansion.