(a)[9]
Prepare the cash budget for each of the three months from January to March 2018.
(b)[3]
Prepare a budgeted income statement for the three-month period ending 31 March 2018.
(c)[8]
Prepare a reconciliation from profit from operations for the three-month period ending 31 March 2018 to net cash at 31 March 2018.
(d)[5]
Advise the directors on whether they should buy the new computer. Justify your answer.