Qustrov TuEE Ankuaries LA
ii Sales rexpectively.
iii res of sales would be in cash. each would be paid in days and days. respectively.
v of purchases would be paid for imanceliately and the balance in rwo months
vi Selling expenses are to be settled in two equal installments in and days. December expenses are TZS
vii Distribution, expenses are payable one month in arrears while administration expenses are payable imrticdiately.
viii Distribution expenses for December would be TZS while selling. expenses would be TZS for November and TZS in Deccmber
ix Balance in the bank on December, is expected to be TZS overdrawn.
x The company intends to pay for the following:
Company tax of TZS in February
A new gencrator costing TZS in March
Dividends of TZS in April
xiSome unserviceable vehicles would be sold in Jamyary for TS xii The company maintains a minimum cash balarice of TZS each month Show all workings.
