This guy should receive an award. I am a Nigerian and i am doing an MBA in Mauritius. My lecturer was those proud accountants and knew we were from diverse fields other than accounting. He was so pompous that we did not understand anything. These video made me an expert of sorts. God bless you mightily in Jesus name!
I've seen all your videos on budgeting in managerial accounting and I gotta say, you've been really helpful especially that we aren't going to school because of the pandemic and just learning online.
I really wanted to thank you for all your video, they have helped me a lot and your explaining is great! I have understood everything straight after seeing each video!
It is my pleasure. I find it inspiring to see students like you working so hard outside of class to learn the material! I hope this is the beginning of an amazing career and a very happy life for you. Best wishes
Many thanks mister I have an assignment and no one is willing to help, you did me a favor Your explanation is very clear God bless you Salam from the Arabian Gulf 🌹
just a question: don't we need to consider all 60%cash 40% account receivable rules here when we're computing the cash budget? great explanation btw. many thanks
the content and teaching style is simple and helpful for beginners. I have a question here. What if there is an overdraft facility made available for business. How is it treated in the cash budget, as it cannot be considered as cash inflow just like any other loan.
I thought based on Sales Budget in the prev. vid - for Q1 we have 'available' 19,000 not 17,500. Because we had 10,000 at the start of the year overflown from the year before plus 9,000 (60% of 15,000) we calculated to sell bicycles for. Confusing!
Aren't we supposed to used the 19000 (from the schedule of cash collections) from quarter 1 rather than 15000?? I have an exam I would absolutely love it if anyone could get back to me :)