Q # 04) A Ltd. Projects Budgeted sales and purchase data for March and April are as
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Q # 04) A Ltd. Projects Budgeted sales and purchase data for March and April are as follows:
March
April
Sales
Rs 450000
500000
Purchases
Rs 325000
375000
Salaries
Rs.75000
85000
Office Rent
Rs 65000
75000
Bed Debt Expenses
5000
7000
Depreciation expense
7000
7000
Cash Balance at End
Rs.150000
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A Ltd offers its customers to pay 40% cash and pay 60% in next month. However, 30% payment for purchases is made on cash and remaining is paid in next month. All other expenses are paid when incurred.
Required: Cash Budget for the Month of April.
Posted Date: