Estimated wages for January is ₹4,000 and for February ₹4,400. 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 · Cost and Management Accounting · PYQS · June 2015
Estimated wages for January is ₹4,000 and for February ₹4,400. 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 —
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Cash Budget
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