6 Prepare a Cash Budget from April to June for ABC Co. Ltd.
With the help of following information :
Month Sales (Rs.) Purchases (Rs.) Wages (Rs.)
February 180000 124000 12000
March 192000 144000 14000
April 108000 243000 11000
May 174000 246000 10000
June 126000 26800 15000
b. 50% of the credit sales are realized in the following month sales and remaining 50% sales for in
The second following month.
c. Creditors are paid in the following month of Purchase.
d. Cash at Bank as on 1st April Rs. 25000.
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