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    Abc Inc. Cash Budget of First Quarter of 2019

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    Yvianne Mae Tejano
    This document is a cash budget for ABC Inc. for the first quarter of 2019. It shows projected cash inflows from sales and outflows for purchases and expenses. It projects a cash deficit in January due to timing differences between cash receipts and payments. The deficits are projected to be made up in subsequent months as credit sales are collected, resulting in a cash surplus by the end of March.

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    Abc Inc. Cash Budget of First Quarter of 2019

    Uploaded by

    Yvianne Mae Tejano
    24 views2 pages
    This document is a cash budget for ABC Inc. for the first quarter of 2019. It shows projected cash inflows from sales and outflows for purchases and expenses. It projects a cash deficit in January due to timing differences between cash receipts and payments. The deficits are projected to be made up in subsequent months as credit sales are collected, resulting in a cash surplus by the end of March.

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    taclobao.xlsx

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    This document is a cash budget for ABC Inc. for the first quarter of 2019. It shows projected cash inflows from sales and outflows for purchases and expenses. It projects a cash deficit in January due to timing differences between cash receipts and payments. The deficits are projected to be made up in subsequent months as credit sales are collected, resulting in a cash surplus by the end of March.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    24 views2 pages

    Abc Inc. Cash Budget of First Quarter of 2019

    Uploaded by

    Yvianne Mae Tejano
    This document is a cash budget for ABC Inc. for the first quarter of 2019. It shows projected cash inflows from sales and outflows for purchases and expenses. It projects a cash deficit in January due to timing differences between cash receipts and payments. The deficits are projected to be made up in subsequent months as credit sales are collected, resulting in a cash surplus by the end of March.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    Taclobao, Phoebe C.

    29-May-19
    Business Finance ABM 12-Q
    ABC Inc. CASH BUDGET OF FIRST QUARTER of 2019
    NOV '18 DEC '18 JAN '19 FEB '19 MAR '19 APR '19
    Inflow:
    collection of sales 500,000.00 450,000.00 540,000.00 648,000.00 777,600.00 933,120.00
    cash sales during the month 118,750.00 106,875.00 128,250.00 153,900.00 184,680.00 221,616.00
    credit sales after 1 month 281,250.00 253,125.00 303,750.00 364,500.00 437,400.00
    credit sales after 2 months 93,750.00 84,375.00 101,250.00 121,500.00
    Cash receipt 81,000.00 32,000.00 64,000.00 94,000.00
    TOTAL CASH INFLOW 199,750.00 420,125.00 475,125.00 606,025.00 650,430.00 874,516.00

    Outflow:
    purchase- not an outflow 230,000.00 215,000.00 258,000.00 309,600.00 371,520.00 445,824.00

    payment of purchase during the month 46,000.00 43,000.00 51,600.00 61,920.00 74,304.00 89,164.80
    payment of purchase after 1 month 115,000.00 107,500.00 129,000.00 154,800.00 185,760.00
    payment of purchase after 2 month 69,000.00 64,500.00 77,400.00 92,880.00

    opex 135,000.00 225,000.00 247,500.00 272,250.00 299,475.00 329,422.50

    payment of expense during the month 81,000.00 135,000.00 148,500.00 163,350.00 179,685.00 197,653.50
    accrued expense during the month 54,000.00 90,000.00 99,000.00 108,900.00 119,790.00

    interest expense 426.67 426.67 1,053.33


    earnings before tax 34,500.00 66,150.00 106,605.00

    corporate tax 62,176.50


    investment in time deposit 14000
    TOTAL CASH OUTFLOW 127,000.00 347,000.00 466,600.00 518,196.67 671,692.17 686,301.63

    NET CASH INFLOW/OUTFLOW 72,750.00 73,125.00 8,525.00 87,828.33 -21,262.17 188,214.37


    required cash balance 73,379.94 73,379.94 73,379.94 73,379.94 73,379.94 73,379.94
    CASH SURPLUS/DEFICIT -629.94 -254.94 -64,854.94 14,448.39 -94,642.11 114,834.43

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