Question
Hi,tutor,kindly help me in this question. Tania will find the new performance budget and budgeted balance for ASHereWeGo(organization) ,attatched below.Tania will also find some prerequisites
Hi,tutor,kindly help me in this question.
Tania will find the new performance budget and budgeted balance for ASHereWeGo(organization) ,attatched below.Tania will also find some prerequisites for the new budgets.
Tania will set up the liquidity budget according to the direct method where you show a change in Cash/Bank. Use a decimal. The layout should be three-piece.
Tania will use the budgets below when you set up the liquidity budget.
If tania think she need to make assumptions, they must be clarified.
The company shall pay instalments on the long-term debt by NOK 1,450
The company shall sell fixed assets with a book value of NOK 250
Value Added Tax 25%
Use 365 days when calculating credit ids
Vat paid next year will be NOK 1,444
Accounts payable is entirely linked to goods purchases.
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