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Case 3: February 6,000 (4 Marks) budget for the above period from the following data given below: Al Abir LLC. wishes to prepare the cash
Case 3: February 6,000 (4 Marks) budget for the above period from the following data given below: Al Abir LLC. wishes to prepare the cash budget for the period April to June 2022. Prepare a cash Month Sales OMR Purchase Wages Production Expenses OMR OMR OMR 180,000 66,000 5,000 March 192,000 78,000 5,000 7,000 April 108,000 48,000 8,000 6,000 May 126,000 71,000 12,000 8,000 June 140,000 85,000 9,000 8,000 Additional Information: 1. Cash balance on April 2022 is expecting OMR 24,000 2. Period of credit allowed by suppliers - one months. 3. 40% of sale is for cash and the period of credit allowed to customer for credit sale two month 4. Delay in payment of wages and production expenses are one month
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