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the budget which usually takes the form of budgeted profit and loss account and balance sheet is known as

May 02, 2020

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kiriti limited has provided following information from Jan-march Quarter :- sales @20 per unit ( jan-1000, feb. -2000, march -3000) closing debtors (jan- 16000INR, Feb- 40000 INR, March 64000INR) 20% of sales are on cash basis and balance on credit basis. the amount to be collected from debtors in the month of feb. and march will be

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the budget which usually takes the form of profit and loss account and balance sheet is known as

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