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Additional Information: 3. Capital expenditure to be incurred on 22 February 2021 is expected to amount to $470,000. 4. Sales of plant and equipment on
Additional Information:
3. Capital expenditure to be incurred on 22 February 2021 is expected to amount to $470,000.
4. Sales of plant and equipment on 13 March 2021 are expected to rise to $30,000 in cash.
5. The cash at the bank in hand on January 1, 2021, is expected to be $15,000.
Required:
***Prepare Kholson Ltd.s cash budget for each of the three months during the quarter ending 31 March 2021.
***Please fill the sheet for Workings for Purchase***
Question 1 The following budget information relates to Khelson Ltd. for the three months to 31 March 2021: Workings for Purchases \begin{tabular}{|l|l|l|l|} \hline COGS & January & February & March \\ \hline Ending Inventory & & & \\ \hline Beginning Inventory Purchases for the month & & \\ \hline & & & \\ \hline \end{tabular}
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