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.

4307

What are the two main functions of queries in databases?

1532

Plz send me RECRUITMENT OF NALCO GET-2007 sample questions and answers

2155

What is your greatest achievement and why?

1065

can any send me a forbes marshall dtron 316 manual

2035

Do you know how to locate a link using its text in selenium?

983

what is the difference between openrowset and openquery?

1194

CAN ANY ONE SEND ME THE RRB SECTION ENG. Q-PAPER .. MY MAIL ID :suresh25siva@yahoo.com, suresh.sivakumar@tcs.com

2148

i need modal Q. paper of junior enjineer for 1/2009 rrb ajmer exam cat no. 11 jell electrical thenkyou

2232

how to get no of items from from weblist?

1964

hi send me sample aptitude papers of cts?

2248

hi if anyone have ntpc q previous year ...send me yogessuccess@gmail.com

2187

how to start mysql server? : Sql dba

1268

i have all the Oracle Certification material from 1z0-001 to 1Z0-643, if required just drop me a mail to: summi4you@yahoo.co.in

1861

What sort of image do you have?

2050