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-   -   40% of sales are to cash customers, one month (https://www.askmehelpdesk.com/showthread.php?t=703463)

  • Sep 20, 2012, 08:15 AM
    arthurt
    40% of sales are to cash customers, one month
    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
  • Sep 20, 2012, 08:20 AM
    Curlyben
    So what have you done so far ?

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