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Q.1.3 Yellow Ltd would like to see their budgeted cash flow for August and September. (10) They have given you the following additional information: Expenses
Q.1.3 Yellow Ltd would like to see their budgeted cash flow for August and September. (10) They have given you the following additional information: Expenses for August R35 000 and September R40 000; Debtors for August R125 000 and September R150 000; Opening balance at 1 August 2019 R180 000. Purchases as per information in Q.1.2 Required: Redraw the following table in your answer book to show Yellow Ltd their budgeted cash flow for August and September. August September Opening balance Movement during the month Expenses paid Creditors paid Cash purchases Debtors receipts Closing balance Show all workings
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