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Draw up a cash budget for F. Jack showing the balance at the end of each month, from the following information for the three
Draw up a cash budget for F. Jack showing the balance at the end of each month, from the following information for the three months ended 30 September 2011: (a) Opening cash (including bank) balance on 1 July is 3 600,- (b) Production in units: 2011 2012 March April May 720 810 900 June 960 June July Aug Sep Oct Nov Dec Jan 1,050 1,110 1,140 1.020 930 780 750
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
