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Particulars Jan Feb Mar Apr: Reciepts Cash Receipt 150,000.00 200,000.00 200,000.00 300,000.00

The document provides sales forecasts and other financial information to prepare a 6 month cash budget for a company. It lists monthly sales forecasts, purchase costs, wages, interest payments, capital expenditures, and beginning cash balance. The cash budget shows monthly receipts, expenses, net receipts, and ending cash balance for the 6 month period.

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Rony Dasgupta
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34 views4 pages

Particulars Jan Feb Mar Apr: Reciepts Cash Receipt 150,000.00 200,000.00 200,000.00 300,000.00

The document provides sales forecasts and other financial information to prepare a 6 month cash budget for a company. It lists monthly sales forecasts, purchase costs, wages, interest payments, capital expenditures, and beginning cash balance. The cash budget shows monthly receipts, expenses, net receipts, and ending cash balance for the 6 month period.

Uploaded by

Rony Dasgupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Prepare a cash budget for M/s.

Adit & Company on the basis of the following information for the first 6 months of 2
a)      Cost and price remain unchanged
b)      Cash sales are 25% of the total sales.
c)      60% of credit sales are collected in the month after sales, 30% in the second month and 10% in the third. No ba
d)     Sales forecasts are  as follows:
Year Month Sales
2015 October 1,200,000
November 1,400,000
December 1,600,000
2016 January 600,000
February 800,000
March 800,000
April 1,200,000
May 1,000,000
June 800,000
July 1,000,000

e)      Gross profit margin 20%.


f)       Anticipated Purchases are as follows:
2016 January 640,000
February 640,000
March 960,000
April 800,000
May 640,000
June 960,000
g)      Wages and Salaries to be paid
2016 January 120,000
February 160,000
March 200,000
April 200,000
May 160,000
June 140,000
h)      Interest on Rs.20, 00,000 at 6% on debentures is due by end of March and June.
i)        Excise deposit due in April Rs.2,00,000.
j)        Capital expenditure on plant and machinery planned for June Rs. 1,20,000.
k)      Company has a cash balance of Rs.4,00,000 as on31st December 2015. Assume that the company keeps this ca
l)        Rent is Rs. 8,000 per month.     

particulars Jan feb mar apr


Reciepts
cash receipt ₹ 150,000.00 ₹ 200,000.00 ₹ 200,000.00 ₹ 300,000.00
Collection from debtors ₹ 1,125,000.00 ₹ 735,000.00 ₹ 615,000.00 ₹ 585,000.00
Total reciept ₹ 1,275,000.00 ₹ 935,000.00 ₹ 815,000.00 ₹ 885,000.00
Expenses
Purchase ₹ 640,000.00 ₹ 640,000.00 ₹ 960,000.00 ₹ 800,000.00
Wages and Salaries ₹ 120,000.00 ₹ 160,000.00 ₹ 200,000.00 ₹ 200,000.00
Interest on debenture ₹ 10,000.00
Excise deposit ₹ 200,000.00
machinery
Rent ₹ 8,000.00 ₹ 8,000.00 ₹ 8,000.00 ₹ 8,000.00
Total Expenses ₹ 768,000.00 ₹ 808,000.00 ₹ 1,178,000.00 ₹ 1,208,000.00
Net Receipts ₹ 507,000.00 ₹ 127,000.00 -₹ 363,000.00 -₹ 323,000.00
Cash balance at start ₹ 400,000.00 ₹ 907,000.00 ₹ 1,034,000.00 ₹ 671,000.00
Total cash ₹ 907,000.00 ₹ 1,034,000.00 ₹ 671,000.00 ₹ 348,000.00
ion for the first 6 months of 2016.

th and 10% in the third. No bad debts are anticipated.

at the company keeps this cash balance even when there is a deficit by borrowing.

may Jun

₹ 250,000.00 ₹ 200,000.00
₹ 780,000.00 ₹ 780,000.00
₹ 1,030,000.00 ₹ 980,000.00

₹ 640,000.00 ₹ 960,000.00
₹ 160,000.00 ₹ 140,000.00
₹ 10,000.00

₹ 120,000.00
₹ 8,000.00 ₹ 8,000.00
₹ 808,000.00 ₹ 1,238,000.00
₹ 222,000.00 -₹ 258,000.00
₹ 348,000.00 ₹ 570,000.00
₹ 570,000.00 ₹ 312,000.00

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