Q2 HASI supplies golf equipment. Ten peruent of his sales are for cah, the remainder is...

 

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Q2 HASI supplies golf equipment. Ten peruent of his sales are for cah, the remainder is on one month's credit. He receives one month's crodit on all purchasen. Sales and parchases are a fallows Sales Purchases Decemher 2017 10 Y 30.000 16,000 Junuary 2008 Fehruary 14,000 220O 20,000 (620 O 25,000 1a B0D 30,000 2 PUro lo v 25,000 10 o V 18,000 (U 22,000 1O 28,000 HASF pays wages of $2,000 per month. He pays rent of $10,000 per annum, he paid une year's rent in advance on 1 January 2008. Other expenses, S1,500 per month, are paid currently. On 6 February 2008, Niblick plans to sell a van for $2,100 and to bay a new one March April 2 853 23 for 56,000 an 15 March 2008. HASF druwy S1,000 a month for living expenses, At 31 December 2007, Niblick's hank balance was $7,000 (in hand), His father will lend the husiness 54,000 on I April 2008 Required HASF cah budget for the four months to 30 April 200R Q2 HASI supplies golf equipment. Ten peruent of his sales are for cah, the remainder is on one month's credit. He receives one month's crodit on all purchasen. Sales and parchases are a fallows Sales Purchases Decemher 2017 10 Y 30.000 16,000 Junuary 2008 Fehruary 14,000 220O 20,000 (620 O 25,000 1a B0D 30,000 2 PUro lo v 25,000 10 o V 18,000 (U 22,000 1O 28,000 HASF pays wages of $2,000 per month. He pays rent of $10,000 per annum, he paid une year's rent in advance on 1 January 2008. Other expenses, S1,500 per month, are paid currently. On 6 February 2008, Niblick plans to sell a van for $2,100 and to bay a new one March April 2 853 23 for 56,000 an 15 March 2008. HASF druwy S1,000 a month for living expenses, At 31 December 2007, Niblick's hank balance was $7,000 (in hand), His father will lend the husiness 54,000 on I April 2008 Required HASF cah budget for the four months to 30 April 200R

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Cash Budget Cash Budget Description Jan08 Feb08 Mar08 Apr08 Cash ... View the full answer