Question

BPL Ltd to arrange overdraft facilities with
its banks during the period April to June
2016 when it will be manufacturing mostly
for stock. Prepare a cash budget for the
above period from the following data,
indicating the extent of the bank facilities
the company will require at the end of each
month,
Credit sales Purchases Wages
Rs.
Rs.
Rs.
February 2016 1,80,000 1,24,800 12,000
March
1,92,000 1,44,000 14,000
April
1,08,000 2,43,000 11,000
May
1,74,000 2,46,000 10,000
June
1,26,000 2,68,000 15,000
(1)
50 percent of credit sales are realized in
the month following the sales and the
remaining 50% percent in the second
month following. Creditors are paid in
the month following the month of
purchase. Lag in payment of wages 1
month.
(ii) Cash at bank on 1-4-2016 (estimated)
Rs. 25,000​

Answer 1

Answer:

mhm no 2 Is the answer follow please thanks