GMAX Download 1 QUESTIONS Simba les component for chines Information The following als are waitable Estimated 2020 Actual 2020 July August 30000 120000 October September 000 Mayembar 2000 BUDO Fuchs Sales Com Woes 733 1600 300 TO 1000 TO 7 40 estan 30% 1 . Cro 20% . Tha 45 2 1 5 0 00 9 7 6 5 3 2 7 1 P o U I Y T W R E CUSES JOUY/Downloads/Genenc 20Management Accounting 20Final pdf Wages 1000 1000 10007 2 . 40% of all sales are for cash 30% of all purchases are cash . 1 . . Colections for credit sales are as follows: 20% is collected in the month of the sale and 2% discount is granted on these collections 60% is collected in the first month following of sale 15% is collected in the second month following the month of sale The remaining 5% is written off as bad debts . . 2 Creditors are pad 2 months after the date of invoice 3 Simba Limited will make an investment of RBO 000 in fixed deposit on 1 October 2020. Interest of 15 per month is expected to be received from 31 October 2020 4 Rent expense amounts R6 800 per month and is payable on the first day of each month 5 Wages will be increased by 9% in October 2020 and will increase by a further 10 November 2020 8 A new machine is expected to be purchase for R22 100 cash in November 2020 2 Commissions pard to sales personnel in the month following the month in which it was some B On 30 September 2020 Simba Limited had a bank overdraft of R7 000 Required 31 Debitors to idle an 32 cai Bulor cobrand November 2000 { GMAX Download 1 QUESTIONS Simba les component for chines Information The following als are waitable Estimated 2020 Actual 2020 July August 30000 120000 October September 000 Mayembar 2000 BUDO Fuchs Sales Com Woes 733 1600 300 TO 1000 TO 7 40 estan 30% 1 . Cro 20% . Tha 45 2 1 5 0 00 9 7 6 5 3 2 7 1 P o U I Y T W R E CUSES JOUY/Downloads/Genenc 20Management Accounting 20Final pdf Wages 1000 1000 10007 2 . 40% of all sales are for cash 30% of all purchases are cash . 1 . . Colections for credit sales are as follows: 20% is collected in the month of the sale and 2% discount is granted on these collections 60% is collected in the first month following of sale 15% is collected in the second month following the month of sale The remaining 5% is written off as bad debts . . 2 Creditors are pad 2 months after the date of invoice 3 Simba Limited will make an investment of RBO 000 in fixed deposit on 1 October 2020. Interest of 15 per month is expected to be received from 31 October 2020 4 Rent expense amounts R6 800 per month and is payable on the first day of each month 5 Wages will be increased by 9% in October 2020 and will increase by a further 10 November 2020 8 A new machine is expected to be purchase for R22 100 cash in November 2020 2 Commissions pard to sales personnel in the month following the month in which it was some B On 30 September 2020 Simba Limited had a bank overdraft of R7 000 Required 31 Debitors to idle an 32 cai Bulor cobrand November 2000 {