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The following information is presented to you to prepare the cash budget for Alpha Stores Actual September Expected October Expected November Cash purchases R120 556
The following information is presented to you to prepare the cash budget for Alpha Stores Actual September Expected October Expected November Cash purchases R120 556 R145 092 R137 188 Payment for rent R23 000 R23 000 R23 000 Equipment to the value of R34 500 will be purchased on credit in October and will be repaid in three equal monthly installments commencing on 30 November 202 The expected payments in November 2020 will be calculated as: a. R183 188 O b.R171 688 O c R137 188 O d. R194 188 e. R160 188
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