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Old Thursday, November 12, 2009
RAHAT ULLAH HANZALAH RAHAT ULLAH HANZALAH is offline
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Default Accounting and Auditing

Dear

As regard to Accrued tax we cannot take it in cash budget because there is no inflow nor out flow of cash as a result of this if we prepare have to prepare cash budget of June we would take it as a cash out flow in that month.


While as regard to account payble of March there is no clear statement given in which month payment is to be made that is why this amount would also not be taken in cash budget of April.
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