Estimated wages for January month is ₹ 8,000 and for February month ₹ 8,800. If the delay in payment of wages is 1/2 month, the amount of wages to be considered in cash budget for the month of February will be ..........

CS Executive · Corporate and Management Accounting · PYQS · December 2024
Estimated wages for January month is ₹ 8,000 and for February month ₹ 8,800. If the delay in payment of wages is 1/2 month, the amount of wages to be considered in cash budget for the month of February will be ............
(A) ₹ 8,000
(B) ₹ 8,800
(C) ₹ 12,400
(D) ₹ 8,400

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Cash Flow Statement

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