From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
3746what is the weight of 8mm dia steel with 1 meter length. Is there any formula to calculate the weight for any given diameter
48 321685Post New D M Systems Interview Questions
You have been give n the responsibility of creating an e- learning course on credit cards in seven days. You are on schedule for the first three days, on the fourth day, your favourite cousin comes to hyderabad and asks you to show him around. What would you do??
Define china clay?
Explain the most common types of machine learning task?
What did microsoft invent?
Conversions
Is singleton scope thread safe?
How do I get rid of unwanted text in excel?
What is ng in ng serve?
Database crashes. Corruption is found scattered among the file system neither of your doing nor of Oracle's. What database recovery options are available? Database is in archive log mode.
WHAT DLC DESIGN IN CONSTRUCTION
Does facebook use oracle?
If VFD is On but no starting commond on it. so how many outpout voltages of VFD
How can you write a loop indefinitely in java programming?
Can we generate return deliveries from stock transfer orders in sap mm?
How to convert sting to number and viceversa in python?