Kronos Ladi preparing a cash budget for May and lure of 2021 Past records that 15of all credit were collected during the month of as in the north flowing the sales in the cond month following the sale and 10the hird month following the sale The company on for of orches in the month after purchase, and the balance pilt In the month flowing at Selling expenses amount to $2400 per more ps 10% of monthly sales Administrative expenses we estimated to be $800 per month, which includes $2600 of depreciation Finance $10 per month Ateling en dabution ministrative, and Stance and her geres fecept depreciation and for when curred it is planned to purchase equipment during May 2018 atacout of 7500 ASS 300 puble all be repaid in hinduding internet charges during June 2013. The Interest duet maturity date will be $750 The competed Cashew May 201517200 Estimated and purchases dat we follow Sale 2010 F March 70 00 Required: wering GST prepare a Cash Budget for May and in 2021, tymorth and in total b) Discuss why preparing a Cash Budget is important for maintaining & montoring cash ency in Provide four mon port of your for May and lune 2011 Total Lipected cach collection preceding month (10) preceding month Depreceding month Current month (19) otal expected cash flow chale Lupected cash payments Purchase preceding north preceding more Sette Ad Financial Equipment purchase onder Total cash payments Erding cash at han balance Insert your are here Kronos Ladi preparing a cash budget for May and lure of 2021 Past records that 15of all credit were collected during the month of as in the north flowing the sales in the cond month following the sale and 10the hird month following the sale The company on for of orches in the month after purchase, and the balance pilt In the month flowing at Selling expenses amount to $2400 per more ps 10% of monthly sales Administrative expenses we estimated to be $800 per month, which includes $2600 of depreciation Finance $10 per month Ateling en dabution ministrative, and Stance and her geres fecept depreciation and for when curred it is planned to purchase equipment during May 2018 atacout of 7500 ASS 300 puble all be repaid in hinduding internet charges during June 2013. The Interest duet maturity date will be $750 The competed Cashew May 201517200 Estimated and purchases dat we follow Sale 2010 F March 70 00 Required: wering GST prepare a Cash Budget for May and in 2021, tymorth and in total b) Discuss why preparing a Cash Budget is important for maintaining & montoring cash ency in Provide four mon port of your for May and lune 2011 Total Lipected cach collection preceding month (10) preceding month Depreceding month Current month (19) otal expected cash flow chale Lupected cash payments Purchase preceding north preceding more Sette Ad Financial Equipment purchase onder Total cash payments Erding cash at han balance Insert your are here
