Scribd Logo
Upload

Welcome to Scribd!

  • 30 views

    Total Cash Available (1 + 2) 82,500 124,000 89,275

    Uploaded by

    Nischal Lawoju
    The cash budget document summarizes cash inflows and outflows for a company over 3 months. It shows opening and closing cash balances, cash collections from sales, total cash available, cash spent on purchases, expenses and other items, required minimum cash balance, total cash needs, and surplus or deficit for each month. Borrowings are taken in one month to cover a deficit, and part of the loan is repaid the next month along with interest. The ending cash balance decreases in March due to higher purchases and tax payments that month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Total Cash Available (1 + 2) 82,500 124,000 89,275

    Uploaded by

    Nischal Lawoju
    30 views6 pages
    The cash budget document summarizes cash inflows and outflows for a company over 3 months. It shows opening and closing cash balances, cash collections from sales, total cash available, cash spent on purchases, expenses and other items, required minimum cash balance, total cash needs, and surplus or deficit for each month. Borrowings are taken in one month to cover a deficit, and part of the loan is repaid the next month along with interest. The ending cash balance decreases in March due to higher purchases and tax payments that month.

    Original Description:

    Original Title

    budget (2)

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The cash budget document summarizes cash inflows and outflows for a company over 3 months. It shows opening and closing cash balances, cash collections from sales, total cash available, cash spent on purchases, expenses and other items, required minimum cash balance, total cash needs, and surplus or deficit for each month. Borrowings are taken in one month to cover a deficit, and part of the loan is repaid the next month along with interest. The ending cash balance decreases in March due to higher purchases and tax payments that month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    30 views6 pages

    Total Cash Available (1 + 2) 82,500 124,000 89,275

    Uploaded by

    Nischal Lawoju
    The cash budget document summarizes cash inflows and outflows for a company over 3 months. It shows opening and closing cash balances, cash collections from sales, total cash available, cash spent on purchases, expenses and other items, required minimum cash balance, total cash needs, and surplus or deficit for each month. Borrowings are taken in one month to cover a deficit, and part of the loan is repaid the next month along with interest. The ending cash balance decreases in March due to higher purchases and tax payments that month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    Cash budget

    Particulars January February March Remarks


    1 Opening cash balance 15,000 11,500 11,775
    2 Cash collection
    50 % same month 35,000 40,000 40,000 A/R
    25% next month 15,000 17,500 20,000 20,000
    25% next two month 12,500 15,000 17,500 40,000
    Dividend received 5,000 - -
    issued of capital stock - 40,000 -
    Total cash collection 67,500 112,500 77,500
    3 Total cash available (1 + 2) 82,500 124,000 89,275
    4 Cash disbursement
    60% cash purchase 30,000 36,000 42,000 A/P
    40% next month 16,000 20,000 24,000 28,000
    Administrative expenses 38,000 33,000 30,000
    Variable selling 7,000 8,000 8,000 Payable
    Total cash disbursement 91,000 97,000 104,000 38,000
    5 Minimum cash balance 10,000 10,000 10,000
    6 Total cash needed (4 +5) 101,000 107,000 114,000
    7 Surplus/deficit (3 -6 ) (18,500) 17,000 (24,725)
    8 Borrowings 20,000 - 25,000
    9 Repayment Principal - (15,000) - Borrowing
    Interest - (225) - 30,000
    10 Ending cash balance 11,500 11,775 10,275 Interest payable 300
    terest payable 300
    Merchandise purchase budget

    Month COGS Ending inventory Total Beg inventory Purchase


    January 300,000 420,000 720,000 300,000 420,000
    February 420,000 540,000 960,000 420,000 540,000
    March 540,000 480,000 1,020,000 540,000 480,000
    Total 1,260,000 480,000 1,740,000 300,000 1,440,000
    April 480,000
    Cah budget
    Particulars January February March
    1 Opening cash balance 25,000 33,000 39,000
    2 Cash collections
    20% cash sales 100,000 140,000 180,000
    Collection from receivable
    60% next month 144,000 240,000 336,000
    40% next two month 64,000 96,000 160,000
    Total cash collection 308,000 476,000 676,000
    3 Total cash available (1 +2 ) 333,000 509,000 715,000
    4 Cash disbursement
    Payment of purchase 300,000 420,000 540,000
    Operating expenses 50,000 50,000 50,000
    Purchase of machine 80,000 - -
    Tax paid - - 50,000
    Total cash disbursement 430,000 470,000 640,000
    5 Minimum cash balance 30,000 30,000 30,000
    6 Total cash needed ( 4+ 5 ) 460,000 500,000 670,000
    7 Surplus/ deficit (3 -6 ) (127,000) 9,000 45,000
    8 Borrowings 130,000 - -
    9 Repayment - Principal - - (40,000)
    Interest - - (1,200)
    10 Ending cash balance 33,000 39,000 33,800
    Remarks Months Sales revenue Cash sales
    November (Actual) 200,000 40,000
    December (Actual) 300,000 60,000
    January (Budgeted) 500,000 100,000
    February(Budgeted) 700,000 140,000
    A/R March(Budgeted) 900,000 180,000
    224,000 April(Budgeted) 800,000 160,000
    720,000
    944,000
    Income statement
    A/P Particulars Amount Amount
    480,000 Sales revenue 2,100,000
    Less: Cost of goods sold ( 60% ) 1,260,000
    Gross margin 840,000
    Less: Operating expenses
    Operating expenses 150,000
    Depreciation expenses 30,000
    Interes expenses (1200 +2700) 3,900 183,900
    Borrowing Net income before tax 656,100
    90,000
    Interest Balance sheet
    2,700 Assets Amount
    Machine (450,000 +80000 - 30000) 500000
    Inventory 480000 PB
    Accounts receivable 944000 CB
    Cash 33800 CB
    Total assets 1957800
    Liabilities and capital stock
    Capital stock 500000
    Retained earnings (229000 + 656100) 885,100
    Accounts payable 480000
    Short term borrowings 90000
    Interest payable 2700
    Total liabilites and capital stock 1,957,800
    Credit sales
    160,000
    240,000
    400,000
    560,000
    720,000
    640,000

    You might also like