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Analyze the Cash position of Dravid Enterprises by preparing a cash budget for the month of May, June and July 2 0 2 2 ,
Analyze the Cash position of Dravid Enterprises by preparing a cash budget for the month of May, June and July on the basis of following information:Income and Expenditure ForecastsMonthSales Purchases WagesOffice Expenses Selling Expenses March April May June July August Additional Information:a Cash balance on May was b Advance tax of each is payable in March and June.c of sales are on cash.d of purchases are on credit.e Period of credit allowed i by suppliers months, and ii to customers monthsf Wages to be paid in same month.g Lag in payment of office and selling expenses month. h Lag in payment of selling expenses month.
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