Fin622 Idea Assignment solution

No Comments



May
June
Balance opening
11500
3400
February
-------------------------------
-----------------------------
March
10500
------------------------------
April
29400
12600
May
12000
19600
June
------------------------
6000
Total cash inflow
63400
41600
Less disbursement
-60000
-45000
Net cash inflow -outflow
3400
-3400

March


Cash sales = 30%of total sales15000

Credit sales = 70% of total sales 35000

Recovery of credit sales in May = 30% of credit sales = 10500



April

Cash sales = 30% of total sales 18000

Credit sales = 42000

Recovery of credit sales in May = 70% of credit sales = 29400

Recovery of credit sales in June= 30% of credit sales = 12600



May

Cash sales = 30% of total sales 12000

Credit sales = 28000

Recovery or credit sales in June = 70% of credit sales = 19600



June

Cash sales = 30% of total sales 6000

Please do make changes in these assignment otherwise every one who copy this assignment as it is will awarded zero marks 
Next PostNewer Post Previous PostOlder Post Home

0 comments

Post a Comment