arthurt
Sep 20, 2012, 08:15 AM
Balance sheet at 31Dec 2004
Current assets
Debtors 42500
Sales
$
Jan 62500
Feb 70000
March 75000
April 82000
40% of sales are to cash customers, one month's credit is allowed on the remainder.
Prepare a cash budget for the for months from Jan2005-April2005
Current assets
Debtors 42500
Sales
$
Jan 62500
Feb 70000
March 75000
April 82000
40% of sales are to cash customers, one month's credit is allowed on the remainder.
Prepare a cash budget for the for months from Jan2005-April2005