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Q1,Zoom Company is planning to purchase a machine at a cost of $200,000. The planned delivery date is 1st February 2021. A deposit of $10,000
Q1,Zoom Company is planning to purchase a machine at a cost of $200,000. The planned delivery date is 1st February 2021. A deposit of $10,000 is to be paid on 1st December 2020. What would be shown in the cash budget of December 2020, with regard to this planned transaction?
Select one:
a. $10,000 cash receipt
b. $200,000 cash payment
c. $10,000 cash payment
d. $200,000 cash receipt
NO NEED AN Explanation, Just give me an answer option.
This is my urgent question, please answer ASAP
I will give you good for it.
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