Solution-Prepare a cash budget for the period october to

Prepare a cash budget for the period october to december

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Reference no: EM13516521

From the following particulars, prepare a cash budget for the period October to December 2009, indicating the extent of the bank facilities the company will require at the end of each month:

Month	Sales Rs.	Purchases Rs.	Wages Rs.
August	80,000	62,400	6,000
September	1,00,000	75,000	7,000
October	55,000	1,20,000	5,000
November	90,000	1,25,000	5,000
December	65,000	1,34,000	10,000

Additional information:

50% of credit sales are realized in the month following the sales and the remaining 50% in the second month following.
Creditors are paid in the month following the month of purchase.
Cash as bank on 1 October 2009 (estimated) Rs.12,500.

Reference no: EM13516521

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Prepare a cash budget for the period october to december

Reference no: EM13516521

Reference no: EM13516521

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