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QUESTION TWO [25] The following information is available for Davidale Investments: Budgeted figures for May to September May R June R July R August R

QUESTION TWO [25] The following information is available for Davidale Investments: Budgeted figures for May to September May R June R July R August R September R Cash sales Credit sales Purchases Salaries and wages Sundry expenses 308 000 320 000 400 000 72 000 32 000 242 000 260 000 320 000 72 000 27 000 264 000 270 000 340 000 79 200 28 500 275 000 275 000 350 000 79 200 29 000 291 500

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