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The following information is presented to you to prepare the cash budget for Alpha Stores EXPECTED September 2020 October 2020 November 2020 Cash purchases R21
The following information is presented to you to prepare the cash budget for Alpha Stores EXPECTED September 2020 October 2020 November 2020 Cash purchases R21 609 R22.005 R25 723 December 2020 R28,877 Credit purchases R18 035 R20.987 R22 475 R24,786 Rent payment R8,914 R8.914 R8.914 R1,516 Salaries R121.207 R121.207 R121.207 2 Credit purchases are paid for in full in the month following purchase Equipment to the value of R50,300 will be purchased on credit in October and will be repaid in six equal monthly instalments commencing 30 November 2020 Staff are paid an annual bonus in December of 50% of their monthly salary. The expected payments total in November 2020 will be R
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