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Solve accurately please. Q.3) A new company is starting its operations on 1 stJanuary ,2019. The management has made adequate arrangement of fixed capital and
Solve accurately please.
Q.3) A new company is starting its operations on 1 stJanuary ,2019. The management has made adequate arrangement of fixed capital and has deposited Rs50,000 in a bank for working capital. The estimate of purchase -sale for the first six months 2019( spread evenly in each month) is as follows: Sales 5,00,000 Purchase of Raw Material 1,20,000 Manufacturing Expenses 72,000 Administrative Expenses 48,000 Selling Expenses 30,000 Salary and wages 90,000 On the basis of above facts ,prepare Cash budget of the company for a period of six months from January to JuneStep by Step Solution
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