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Sophia Lane Pty Ltd is planning to purchase equipment costing $45 000. The planned delivery date is 11 April with settlement on that date. On
Sophia Lane Pty Ltd is planning to purchase equipment costing $45 000. The planned delivery date is 11 April with settlement on that date. On 17 January, T. Sophia Lane Pty Ltd paid a deposit of $15 000. The amount that will appear in the cash budget for the quarter ending 31 March is:
Select one:
a outflow of $45 000.
b inflow of $45 000.
c outflow of $30 000
d outflow of $15 000.
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