Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Schedules for the Cash Budget

Schedules for the Cash Budget

Ratings: (0)|Views: 391 |Likes:
Published by Mary
Details on how to creat schedules for the cash budget for customers receipts and materials.
Details on how to creat schedules for the cash budget for customers receipts and materials.

More info:

Categories:Types, School Work
Published by: Mary on Jun 17, 2008
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

06/16/2009

pdf

text

original

 
Love Thy Pet Inc.,Schedule for Expected Collections from customersFor the two months of January and FebruaryMonth of sales January FebruaryNovember credit sales 250,000 (a) 50,000 (b) 0December credit sales 300,000 (c) 90,000 (d) 60,000January credit sales 350,000 (e) 175,000 (f) 105,000February credit sales 400,000 (g) 0 (h) 200,000Total 315,000 365,000 
Where as collections are 50% in the month of sales, 30% in the first month following thesales and 20% in the second month following the sales.
a.
November for January = 250,000 X .20 = 50,000
b.
November for February = 250,000 X 0% = 0
c.
December for January = 300,000 X .30 = 90,000
d.
December for February = 300,000 X .20 = 60,000
e.
January for January = 350,000 X .50 = 175,000
f.
January for February = 350,000 X .30 = 105,000
g.
February for January = 400,000 X 0% = 0
h.
February for February = 400,000 X .50 = 200,000

Activity (2)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->