Question

Problem 7

RR Ltd presents the following details. Prepare cash Budget of the company for August &

September

Particulars

July

(Actual)

Rs

August

(Estimated)

Rs

September

(Estimated)

Rs

Cash sales

Credit Sales

Cash Purchases

Credit Purchases

Expenses

Closing Balance of Cash

300000

500000

75000

100000

40000

210000

375000

620000

80000

120000

50000

?

450000

680000

85000

150000

55000

?

Other details:

i) 50% of Credit Sale is realised in the same month. Remaining 50% is realised in the next

month.

ii) 40% of Credit Purchases is payable in the same month, 30% in the next month, and the

remaining 30% after two months.

iii) 50% of expenses are payable in the same month, and the remaining 50% in the next

month.​

Answer 1

Answer:

september bhai okkkkkkkkk bye