Question: Tutorial 8-Extension Question Priska Ltd is expected to begin January with $50,000 cash. will be $250,000, with cash sales representing half of this sales revenue.
Tutorial 8-Extension Question Priska Ltd is expected to begin January with $50,000 cash. will be $250,000, with cash sales representing half of this sales revenue. She forecasts that sales revenue in January the other half is expected to collected in February. She is scheduled to receive $17,000 cash on a bill receivable in January Inventory purchases are expected to be $250,000 during January, however Pri for three quarters of these purchases during January. In addition operating expenses of in January. Machinery is depreciated $10,000 during the month of January. Priska S50,000 minimum cash balance at the end of each month and the bank automatically e the store in multiples of $10,000. ska Ltd will only pay 15,000 are paid xtends credit to Prepare Priska Ltd's cash budget for January
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