Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q.1.3 Blue Ltd would like to see their budgeted cash flow for August and September 2019. (10) They have given you the following additional information:
Q.1.3 Blue Ltd would like to see their budgeted cash flow for August and September 2019. (10) They have given you the following additional information: Expenses for August R40 000 and September R45 000; Creditors for August R35 000 and September R30 000; Opening balance at 1 August 2019 R90 000. Sales information as per Q.1.2 Required: Redraw the following table in your answer book to show Blue Ltd their budgeted cash flow for August and September. August September Opening balance Movement during the month Expenses paid Creditors paid Debtors receipts Cash sales Closing balance Show all workings. Q.1.3 Blue Ltd would like to see their budgeted cash flow for August and September 2019. (10) They have given you the following additional information: Expenses for August R40 000 and September R45 000; Creditors for August R35 000 and September R30 000; Opening balance at 1 August 2019 R90 000. Sales information as per Q.1.2 Required: Redraw the following table in your answer book to show Blue Ltd their budgeted cash flow for August and September. August September Opening balance Movement during the month Expenses paid Creditors paid Debtors receipts Cash sales Closing balance Show all workings
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started