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c ) Prepare Codent's cash budget from May 2 0 2 4 to August 2 0 2 4 from the following budgeted data. table
c Prepare Codent's cash budget from May to August from the following budgeted data.
tableBudgeted data,May,June,July,AugustBudgeted sales unitstableBudgeted purchasesunitsWages Other overheads tableCapital expenditure
The following additional information is available:
For the month of May selling price per unit will be and purchasing price per unit will be Both selling and purchase prices are expected to increase by monthly.
of the customers pay cash and the remainder take month to pay.
of the purchases are paid for after month and the remainder in months' time.
Wages are paid in the current month.
Other overheads are paid after months.
Capital expenditure is paid in the following month.
Opening cash balance for May was overdraft.
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