Interested to Buy Any Domain ? << Click Here >> for more details...
how to calculate LTA with out Bills?
- 1 Answers
- 5634 Views
- I also Faced
- E-Mail Answers
what are different types of invoice?
9 Answers Eastern Medikit, WNS,
Break-even analysis
What is mean by Forex accounting
Why you want to leave your present job while they offer you with good offer?
Why do balance sheet always have same total of Assets and liabilities..??? pls ans dis...my id is business.ankita@gmail.com
13 Answers State Bank Of India SBI,
EXPAND______________IASB
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.
Define Accrual & what is accrual interest?
what type of invoices used in small companies-for the process of accounts receivable.
what do you mean by Accounts payable
What are the reason for negative operating cycle?
What is the Purpose of Preparing Bank Reconciliation Statement?
Audit 
