2. From the following forecasts of income and expenditure prepare a cash budget for the three-month ending 30th Nov 2016 . The bank balance as on 1st September was Rs 10,000. a) A sales commission at 4% on sales and due in the month following in which the sales dues are collected, is payable in addition to other expenses b) Fixed expenses worth Rs 65,000 will be purchased in September, to be paid for in the following month c) Rs 20,000 in respect of debenture interest will be paid in October d) The period of credit allowed to customers is 2 months and one month's credit is obtained from suppliers of goods. e) Wages are paid on an average on the first of each month in respect of dues for the periods ending on the date preceding. f) Expenses are paid in the month in which they are due