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.
3749what is the weight of 8mm dia steel with 1 meter length. Is there any formula to calculate the weight for any given diameter
48 321696Post New D M Systems Interview Questions
Mention the address syntax and the different formats of WCF transport scheme?
How many bugs occured will be considerd appropriate over 1000 steps when inspecting software? Describle an approriate Bug value.
Name important annotations used in JAX-RS API?
What is difference between swap -l & swap -s?
What is the method of removing duplicates, without the remove duplicate stage?
Tell me what are the hardware problem you face regularly in your organization?
Why is this important?
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Program to find the sum of digits of a given number until the sum becomes a single digit. (e.g. 12345=>1+2+3+4+5=15=>1+5=6)
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write an e-mail introducing yourself to the client as a QA ead is not in town.
what are other resources are needed for this mantis?
which statement best describes what the #initclip num and #endinitclip commands indicate? : Adobe flash
What is signed and unsigned?
Why dojo toolkit ?
