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    blue93's Avatar
    blue93 Posts: 1, Reputation: 1
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    #1

    May 4, 2011, 11:58 AM
    Cash budgets homework
    March April may June

    Cash sales 50000 40000 50000 56000
    Purchases 20000 30000 25000 35000
    Cash expenses 21000 16000 24000 20000
    Depriciation 1000 1000 1000 1000

    It is expected that the cash balance at 1 April will be 1500 overdrwan.

    5% of purchases are expected to be for cash . Creditors will be paid in the month following purchase.

    Requid: prepare a cash budget for each of the three months ending 30 June?
    FadedMaster's Avatar
    FadedMaster Posts: 1,510, Reputation: 148
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    #2

    May 4, 2011, 12:02 PM
    https://www.askmehelpdesk.com/go/explore.php?do=announcement&a=20
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