Question

E by Prepare a Cash Budget for the quarter July to Sept. 2009, based on the following information : Cash in bank in 1st July 2009 Rs 25,000 Salaries and wages estimated Monthly Rs.10,000 Interest payable -Aug. 2009 Rs. 5,000 June July August September Rs Rs. Rs. Rs. Estimated Cash Sales 1,40,000 1,52,000 1,21,000 Credit Sales 1,00,000 80,000 1,40,000 1,20,000 Purchases 1,60,000 1,70,000 2,40,000 180,000 Other expenses 20,000 22,000 21,000 (Payable in some month) Credit sales are collected 50% in the month of sales and 50% in the month following Collections from credit sales are subject of 5% discount if payment received in the month of sales and 2.5% of payment received in the following month. Creditors are paid either on a prompt or 30 days basis. It is estimated that 10% of creditors are in the prompt category.​

Answer 1

Answer:

August" (and any subsequent words) was ignored because we limit queries to 32 words.

Explanation:

This answer is correct means mark me as brainlist