Question 2 2 What is the difference between capital structure and financing structure? b. List four major players involved in the communication of accounting information for decision making purposes. Explain briefly, the role played by two of the players identified c. State the accounting equation and explain the components. (not more than 4 lines) above. Lord Company Ltd. has an opening cash balance of GHC35.5million (October, 2020) and it is required to prepare a cash budget for October, November and December 2020 having regard to the following data: Wages and salaries are paid in the month they are incurred; Ry Credit sales are settled as follows: 60% in the month of sale, 30% in the next month and 8% in the month following; Recupt Creditors give 1 month credit. Rey iv) Overheads are paid 1 month in arrears and includes a GHC6million depreciation charge. ther data are presented in the table below. Coyechiee collectie Cash Sales Credit Sales Purchases Wages & Overheads Ry Salaries GHC'000 GHC 000 GHC'000 GHC'000 GHC'000 August 64,000 48,000 12,500 25,000 eptember 71,000 57,500 12,500 25,000 ctober 27,500 77,000 60,000 13,100 27,000 ovember 31,000 69,000 43,500 13,600 27,000 ecember 22,500 58,000 51,500 16,700 28,000 Ray Debtors . Checkit fonth Spy (20 Marks) -) Identify the uses of the budgeting process in the management cycle (identify two uses each in the activities identified) (8 Marks) Differentiate the" master budget" of a manufacturing company from a retail company (2 Marks) Total (30 Marks) terbuat in the Plaing one creating