what is futures and options?
- 0 Answers
- 1772 Views
- UBS, I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
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.
Expand ------UPCC
what is cost accountinp
I have done MBA Finance. After a lot of hard work i got a job as a business Analysist. Is that profile is good for my career? what are the future oppor. for me? Pls help me Thanks a lot
how u will identify the duplicate invoice, on what basis?
How do you avoid loss situation
What is MIS reports. How can we make it and what is process to make it and what is the advantage of it in business world
what is goodwill? goodwill what kind of asset for the company?tangible or intangible asset? how much improtant for the company?
How Many Type's of Cheques? with explanation and Examples?
what to carry for interveiw and to prepare ourselves?
how the bank reconciliation should be done in practical environment , and also using tally 7.2 , please explain it with exaples if possible
What is the difference between Debit and Credit Card?
Audit 
