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I need the answer as soon as possible Q3/ Prepare an estimated budget for the year 2021 for Al Sahel Al-Akhdar Company using the percentage
I need the answer as soon as possible
Q3/ Prepare an estimated budget for the year 2021 for Al Sahel Al-Akhdar Company using the percentage method of sales and in light of the following information indicating the amount of additional external financing in the budget 1- Estimated sales (3,500,000) for the year 2021 2- The following paragraphs are considered direct from sales and the percentage of each of them from sales a- cash 5% B - accounts receivable 10% C- Stock 20% D- Fixed Assets 50% E- Accounts Payable 12%Step by Step Solution
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