Estimated wages for January 2020, are ₹4,000 and Estimated wages for February 2020, are ₹4,400. If the company's practice is to delay a payment of wages is half a month, the amount of wages to be considered in the actual

CS Executive · Cost and Management Accounting · PYQS · December 2019
Estimated wages for January 2020, are ₹4,000 and Estimated wages for February 2020, are ₹4,400. If the company's practice is to delay a payment of wages is half a month, the amount of wages to be considered in the actual cash budget for the month of February, 2020 is:
(A) ₹4,000
(B) ₹4,400
(C) ₹4,600
(D) ₹4,200

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Cash Budget

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