Q #04) A Ltd. Projects Budgeted sales and purchase data for March and April are as follows: March April Sales Purchases Salaries Office Rent Bed Debt Expenses Rs 450000 500000 Rs 325000 375000 Rs.75000 85000 Rs 65000 75000 5000 7000 Depreciation expense 7000 Cash Balance at End Rs.150000| 7000 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. Q #05) If your uncle borrows $25,000 from the bank at 10 percent interest over the eight-year life of the loan, what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest (round to the nearest dollar)? How much of his first payment will be applied to interest? To principle? How much of his second payment will be applied to each?