ACTIVY Top 5 Problems on Budget and Budgetary Control Budget and Budgetary Control Problems 96.02.2020 From the following information prepare a cash budget for the quarter ending 30.6.2000: 4 cm Months Sales Purchases Wages Misc. Expenses Rs. Rs. Rs. Rs. February 1,20,000 84,000 10,000 7,000 March 1,30,000 1,00,000 12,000 8,000 April 80,000 1,04,000 8,000 6,000 1,16,000 1,06,000 10,000 88,000 80,000 8,000 6,000 Additional Information (iCash on hand on 1.4.2000 Rs. 5,000.) (ii) Sales 20% realised in the month of sale discount allowed 2% balance realised after two months. May June P (iii) Purchases are paid one month after. (iv) Wages-25% in arrears in the following month. - one month sim you (v) Other expenses are paid at a lag of one month. in something you should pay in murch paid april (vi) Income Tax Rs.25,000 due on or before 30.6.2090, ACTIVY Top 5 Problems on Budget and Budgetary Control Budget and Budgetary Control Problems 96.02.2020 From the following information prepare a cash budget for the quarter ending 30.6.2000: 4 cm Months Sales Purchases Wages Misc. Expenses Rs. Rs. Rs. Rs. February 1,20,000 84,000 10,000 7,000 March 1,30,000 1,00,000 12,000 8,000 April 80,000 1,04,000 8,000 6,000 1,16,000 1,06,000 10,000 88,000 80,000 8,000 6,000 Additional Information (iCash on hand on 1.4.2000 Rs. 5,000.) (ii) Sales 20% realised in the month of sale discount allowed 2% balance realised after two months. May June P (iii) Purchases are paid one month after. (iv) Wages-25% in arrears in the following month. - one month sim you (v) Other expenses are paid at a lag of one month. in something you should pay in murch paid april (vi) Income Tax Rs.25,000 due on or before 30.6.2090