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    arthurt's Avatar
    arthurt Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 20, 2012, 08:15 AM
    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
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Sep 20, 2012, 08:20 AM
    So what have you done so far ?
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