prepare a cash budget of green light for july to September. 2022 from the particular given below. i)sales, purchase, wages and other expense of the budget period Particular April tk May tk June tk July tk August tk September tk Sales Purchase Wages Other expense 800000 450000 200000 50000 800000 400000 180000 60000 750000 420000 220000 60000 900000 500000 240000 70000 850000 450000 200000 60000 800000 350000 180000 50000 ii)credit allowed to customer for two month and supplier one month. iii)lag in payment of wages and other expense ½ a month. iv)sales and purchase are made 10% on cash and 90% on credit. v)sales commission @ 2% on sales is payable in the month, following the month of collection. vi)advance income tax payable in August tk 40000 vii)Rent payable in cash per month tk 3000 viii)Plant purchased in july tk 100000 ix)The cash balance on 1st july tk 130000
Betikkrom problem 17
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prepare a cash budget of green light for july to September. 2022 from the particular given below.
i)sales, purchase, wages and other expense of the budget period
Particular
April tk
May tk
June tk
July tk
August tk
September tk
Sales
Purchase
Wages
Other expense
800000
450000
200000
50000
800000
400000
180000
60000
750000
420000
220000
60000
900000
500000
240000
70000
850000
450000
200000
60000
800000
350000
180000
50000
ii)credit allowed to customer for two month and supplier one month.
iii)lag in payment of wages and other expense ½ a month.
iv)sales and purchase are made 10% on cash and 90% on credit.
v)sales commission @ 2% on sales is payable in the month, following the month of collection.
vi)advance income tax payable in August tk 40000
vii)Rent payable in cash per month tk 3000
viii)Plant purchased in july tk 100000
ix)The cash balance on 1st july tk 130000
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