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Prepare Cash Budget of a Company for April, May and June 2 0 1 9 in a columnar form using the following information You are

Prepare Cash Budget of a Company for April, May and June 2019 in a columnar
form using the following information
You are further informed that:
(a)10% of purchase and 20% of Sale are for cash
(b) The average collection period of the Co. is 12 month and credit purchase is paid off
regularly after one month
(c) Wages are paid half monthly and the rent of Rs.500 excluded in expense is paid
monthly
(d) Cash and Bank Balance on April 1, was Rs.15,000 and the company wants to keep it
on end of every month below this figure, the excess cash being put in fixed deposits.
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