beta ltd

() Feb En M2 Class 1 Test 15 March 2021 SE The Adams Company, a mechandising en has budgeted its activity for November according to the following information 3 po Sales at CAS0000 for Gash Merchandisery on October 31 w C200,000 The cash botance November was 18.000 *Selling and administrative expenses are budgeted at 0.000 for November and are pod for in cash Budgeted depreciation for November 25.000 . The planned merchandise inventory in November 200.000 The cost of goods sold is 70% of the selling price * All prices are paid for cash The budete pot for November is E36.000 068.000