20. From the following information, prepare a cash
budget for April, May and June 2005.
Month Credit Sales Credit Office
Purchases Expenses
Rs. Rs. Rs.
February 45,000 30,000 8,000
March 55,000 25,000 7,000
April 60,000 20,000 7,000
May 60,000 40,000 9,000
June 65,000 40,000 9,000
(a) Opening cash balance Rs.5,000.
(b) Credit allowed by suppliers is two months.
ans pls...
(c) Credit allowed to customers is one month.
(d) Office expenses are payable in the same
month.
(e) Dividend Rs. 1,000 is receivable in April.
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