Answer to Question #135094 in Accounting for Josephine

Question #135094
What affect does depreciation, being a non cash expense, have in a seasonal cash budget.
1
Expert's answer
2020-09-28T07:57:04-0400

Depreciation has no effect on a cash budget because it is not a real cash outflow. A cash budget is used to forecast real cash inflows and outflows. Depreciation is a non cash expense


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