Question: The following relevant notes are presented: 1) It is expected that the cash balance on 31 August will be GH44m. ) Wages may be assumed

be assumed to be paid within the month they are incurred-EX PJ

iii) It is the company's policy to pay creditors for materials three

The following relevant notes are presented: 1) It is expected that the cash balance on 31 August will be GH44m. ) Wages may be assumed to be paid within the month they are incurred-EX PJ iii) It is the company's policy to pay creditors for materials three months after receipt. 83

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