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Homework answers / question archive / Saudi Agricultural Company, engaged in manufacturing bride and other relevant items and most of the transaction accomplished in Cathely The company is giving following transactions for the year 2020, you are required to prepare "CASH BUDGET for three months from February to April Following are company policies for paying and receiving Cash: 1 2016 Sales la for cash and the remaining amount is realised in the month following that of a 2

Saudi Agricultural Company, engaged in manufacturing bride and other relevant items and most of the transaction accomplished in Cathely The company is giving following transactions for the year 2020, you are required to prepare "CASH BUDGET for three months from February to April Following are company policies for paying and receiving Cash: 1 2016 Sales la for cash and the remaining amount is realised in the month following that of a 2

Accounting

Saudi Agricultural Company, engaged in manufacturing bride and other relevant items and most of the transaction accomplished in Cathely The company is giving following transactions for the year 2020, you are required to prepare "CASH BUDGET for three months from February to April Following are company policies for paying and receiving Cash: 1 2016 Sales la for cash and the remaining amount is realised in the month following that of a 2. Suppliers Supply raw materials at one month's credit 3. Wage-ban is paid in first week of next month Overheads are paid in cash in the same month Monthly rent payment is 1.000 Advance Income Two 15.000 is payable in April 7. Bonus of 10.000 is payable to workers in February Plant Costing 30.000 is due to be installed in February. The part of the Will will be paid in Marchamounting to 18.500 Half year interesat e 129650.000 Debeatures is to be received February and August every yeat. 10. Cash at Blank on 1st February estimated at 5,000 4. Company is proving details of month's expenses as follows 2020 Overhead 30.000 F 13.00 H.000 14.000 Apel 10.000 You are required to 1. Explain Cash Budget 2. Prepare Cashbudget for Company 3. Interpret the Results 4. Give your recommendation for Credit Policy of Company 5. What do you think about company's Cash or Liquid Position 6. How company can increase its liquidity

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