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.
3750what is the weight of 8mm dia steel with 1 meter length. Is there any formula to calculate the weight for any given diameter
48 321773Post New D M Systems Interview Questions
Explain the difference between post & get method in asp?
Why do we use subquery?
What are the requirements of a good organization?
What is ovs?
what are ATP lowering agents?
How to work definite,over pluxing,revers power,OSR relay
Diborane contains how many banana bonds?
What winsxs windows 10?
How to delete an element from an array?
What port is apache listening on?
Q.What are kinds of reports we used in the marketing? Q.What is call list execution?
What is the difference between earthing,ground&nutral?
What are the basic components of dialog program?
What is raiseerror? What is raiseerror?
What tools are required to analyze vuser run results?
