Cash Budget

Quiz

GARCIA, JOANNA MARIE C.

- Prepare a Cash Budget for the month of January to March, 2020 from the following information:

- Cash on hand as of January 1, 2019 is P 15, 000.

january february march

Cash on hand,
Beginning 15,000.00 55,000.00 200,000.00
Add: Cash Receipts
Sales 100,000.00 200,000.00 150,000.00
collection from debtors 30,000.00 50,000.00 20,000.00
Total Cash Inflows  145,000.00  305,000.00  370,000.00
Less: Cash Payments
purchases (60,000.00) (80,000.00) (100,000.00)
expenses (10,000.00) (15,000.00) (20,000.00)
payment to creditors (20,000.00) (10,000.00) (70,000.00)
Total Cash Outflows (90,000.00) (105,000.00) (190,000.00)
cash on hand, ending 55,000.00 200,000.00 180,000.00