Preparation of Cash Budget

Q.  A columnar statement is prepared in ________ in which first column shows items of payments and receipts, whereas the other columns represents the amount of payments and receipts in each time break-up of budget period.
- Published on 11 Sep 15

a. Cash Accounting method
b. Budgeted method
c. Cash flow method
d. None of the above

ANSWER: Cash Accounting method

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