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The following information is available for Atlas Corporation to prepare a cash budget for the month of September: Cash on hand beginning of September Rs.
The following information is available for Atlas Corporation to prepare a cash budget for the month of September: Cash on hand beginning of September Rs. 16,000 Expected receipts in September Rs. 272,000 Sales salaries paid Rs. 62,000 Material purchases ( all in cash ) Rs. 190,000 Depreciation Rs. 44,000 Required: Calculate ending cash balance in September. Also show complete working
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