10b.18

This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.

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September 1, 2021 at 11:03 pm #633884
johnbriane
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Sir in this question of bpp
It says
What is the payment for total production overhead cost shown in the cash budget for September?
But I thought
Cash budgets only talks about cash receivables
Am I wrong sir ?
September 2, 2021 at 7:40 am #633919
John Moffat
Keymaster
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Yes you are wrong.
Cash budgets are budgeting all cash receipts and payments.
September 2, 2021 at 9:10 am #633940
johnbriane
Member
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Oh thank you sir
All cash and Credit receipts and payments ?
Cash budgets are budgeting all cash and credit , receipts and payments.
September 2, 2021 at 3:33 pm #633994
John Moffat
Keymaster
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All cash receipts (whether from cash sales or from credit sales) and all cash payments.
Cash budgets are explained, with a worked example, in my free lectures on budgeting.
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