We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>
Friends see the Assignment no 1 of Corporate Finance ( FIN622) in the Attachment file Thanks
Share This With Friends......+ Click Here To Join also Our facebook study Group. This Content Originally Published by a member of VU Students.How to Join Study Group & Get Helping Material...?
Depreciation expenses will not be mentioned in Cash Budget...
yes u are right.
MUJHE LABOR COST RAW MATERIAL EXPENSE AND SELLING ADMN EXP KI SAMAJH NHI A RHI ....HAAN DEKH LIYA VIDEO LECTURE MAIN ..DEP NOT INCLUDED CASH BUDGET
...LABOR AND MATERIAL ARE CREDITED FOR ONE MONTH
MEANS THEY WILL NOT INCLUDE IN AUGUST AND SELLING ADMN EXPENSE INCREASED 3000 EACH MONTH MEANS 21000 IN AUGUST AND 24000 IN SEPTEMBER...AGR THEEK NHI KEH RHI TU CORRECT ME PLEASE
Sub August or september ko discuss kr rahy han. July ka ending balance koe ni discuss kr raha ha. Q k july ka ending balance he August ka opening balance hoga or August ka ending balance September ka opening balance hoga.
hum ko Sirf August aur Septmebr ka Cash Budget banana hai...July ki Closing balance laingay sirf jo k August ki opening hogi
Ahnaf...Selling and Admin expense month ki incurrence hai aur 3000 per month increase hai tu August ki 21000 aur Sept ki 24000
Raw material One month credit par hai August main July ki payment hogi 28000 aur Sept main August ki payment hogi 36000
can any one tell me how we start this any format?any solution
WHAT IS THE ANSWER B
ye tu labor n materail july ki hy ye tu kahen nhi likha k isko august main le skte...july ki closing negative hy tu august ki opening bhi negative hogi mera 17000 answer nhi a raha kindly samjha dein
aap july ki calculation karna chor do...July ki Just closing balance as opening balance lay lo...aur assignment ki cerdit terms par lo
IMRAN BHI B KA KYA ANSWER HAI
Solution of assignment No 01
Blue Private Limited Company
For the month ended August & September
Opening balance 6000 17000
Estimated sales on cash 60000 69000
Last month A/R sales on credit 40000 60000
Last month A/R on sale of old labeling machine 29000
Total cash in hands 106,000 166,000
A/P Raw material Expense for last month 28,000 36,000
A/P Labor cost for last month 40,000 50,000
Selling and admin expense 21,000 24,000
--------- 89,000 -------- 110,000
Cash balance for the month of 17,000 56,000
According to the cash budget statement cash balances are 17,000 & 56,000 respectively for the month of August and September which are greater than 15,000 therefore borrow the deficit is not required for the company. Because the requirement is
In case, if minimum cash balance for each month is less than Rs. 15,000, the company will be required to borrow the deficit at the rate of 10%
annually from the bank