Why does respective sales and cost of sales is not added to respective budgets?
Video Details
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Financial Management
Treasury & Cash Management
#8. Cash Budget Illustration 2: Solution Part 2
07- Issac Jolly-XII C
CA Inter
★ 16K+
29-Nov-24 15:25
155
Answers (1)
Best Answer
Because those are assumed to be credit sales and credit purchases so it won't affect cashflow. Only the payment made by debtors and creditors will onlu affect it!