Project Financial Management- Cash Budget Of Financial Project M For 2for June, July And August 2020

  QUESTION 2    (20)       REQUIRED       Use the information provided below to prepare the Cash Budget of Project M for June, July and August 2020. (Note: Use separate monetary columns for each month. A total column is not required.)       INFORMATION       The management accountant of Remax Limited prepared the following forecasted sales schedule of Project M for the five months ended 31 August 2020:     April  R100 000  May R130 000  June  R150 000  July R160 000  August R210 000                         Additional information 1. Cash sales usually comprise 70% of the total sales. 2. The Read More …