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Working capital management. _ cash budget. Illustration 6 icai material

Sir here in question it is given as firm had cash balance of 20000 on 1April 2017 but in solution 20000 is taken for all months up to September in begining Rather taking for all months at beginning can we present like this ie after receipts - payments add opening balance of cash 20000 and then less the minimum cash to be maintained . So that April month closing bal of cash becomes opening of may and May's closing becomes opening cash of June Can you explain

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Sai E

Sai E

CA Foundation

36K+

24-Sep-20 00:58

4

Answers (4)

You can take. It means the same.


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Sep-20 06:10

You can take. It means the same.

Sir it means what I said can I take like that


Sai E

Sai E

CA Foundation

36K+

24-Sep-20 09:16

Sir it means what I said can I take like that

You can take


Sriram Somayajula

Sriram Somayajula

Admin

24-Sep-20 10:49

You can take

Thank you sir


Sai E

Sai E

CA Foundation

36K+

24-Sep-20 11:04