This is a subjective question, hence you have to write your answer in the Text-Field given below. From the following particulars prepare monthly cash budget for the quarter ended 31st March 2020. (Rs. in lakhs) Additional Information 1. 10 percent sales and purchases are on cash Additional Information 1. 10 percent sales and purchases are on cash 2. Credit to debtors: one month on an average, 50% of debtor will make payment on the due date while the rest will make payment one month thereafter 3. Credit from creditors: 2 months 4. Wages to be paid twice in a month on the 1 st and 16 th respectively 5. Expenses are generally paid within the month 6. Plant costing Rs. 1.00 lakh will be installed in February on payment of 25% of the cost in addition to the installation cost of Rs. 5000 , balance to be paid in three equal instalments from the following moth. 7. Opening cash balance is Rs. 2 lakhs