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You are provided with information relating to Martin's Health Shop. The business sells a health drink which has a shelf life of two months. The
You are provided with information relating to Martin's Health Shop. The business sells a health drink which has a shelf life of two months. The financial year of the business ends on 30 September 2014. The newly appointed bookkeeper prepared a budget for the three months ended 31 December 2014. The Cash Budget he presented is not completely correct. REQUIRED: 5.1 Refer to Information C: List FOUR items that should not have been placed in this Cash Budget. (4) 5.2 Complete the Creditors' Payment Schedule for the period October to December 2014 by calculating the amounts indicated by an asterisk (*). (9) 5.3 With reference to the prepared budget, calculate the following: 5.3.1 The total sales for September 2014 (3)
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