Q2. Analyze the Cash position of Dravid Enterprises by preparing a cash budget for the month of May, June and July 2022, on the basis of following information: Additional Information: a) Cash balance on May 1, 2020 was 10,000. b) Advance tax of 6,000 each is payable in March and June. c) 50% of sales are on cash. d) 80% of purchases are on credit. e) Period of credit allowed i) by suppliers -2 months, and ii) to customers -1 months f) Wages to be paid in same month. g) Lag in payment of office and selling expenses -1 month. h) Lag in payment of selling expenses 1/2 month. [10 Marks] [CO3, L4]