Q1. Prepare a Cash Budget for three months ending 315 March 2020 from the following information. (10M) Month Sales(Rs.) Purchases(Rs.) Wages(Rs.) November 2019 10,00,000 7,00,000 1,00,000 December2019 12,00,000 9,00,000 1,20,000 January 2020 14.00.000 10,00,000 1,50,000 February2020 12,00,000 8,00,000 2,00,000 March 2020 15,00,000 11,00,000 1,50,000 Other Information: i) Rent to be paid every month Rs 80,000. ii) 10% of sales is Cash sales. iii) Debtors are given 1 month's credit. iv) All purchases are on credit basis. v) Creditors give 2 month's credit. vi) Delay in payment of Wages is 1 month. vii) Cash balance as on January 1st 2020 was Rs. 2,00,000