2021 20

NOV DEC JAN

CASH INFLOWS
TOTAL SALES ₱ 500,000.00 ₱ 450,000.00 ₱ 540,000.00
CASH SALES = 1/4, 5% DISCOUNT 118,750.00 106,875.00 128,250.00
COLLECTIONS AFTER 1 MONTH - 3/4 OF CREDIT SALES 281,250.00 253,125.00
COLLECTIONS AFTER 2 MONTHS - 1/4 OF CREDIT SALES 93,750.00
PROCEEDS FROM LOAN - BEGINNING OF FEBRUARY
PROCEEDS FROM LOAN - BEGINNING OF APRIL
TOTAL CASH INFLOWS ₱ 388,125.00 ₱ 475,125.00

CASH OUTFLOWS
PURCHASES ₱ 230,000.00 ₱ 215,000.00 ₱ 258,000.00
PAYMENT OF PURCHASES - 20% 46,000.00 43,000.00 51,600.00
PAYMENT OF PURCHASES AFTER 1 MONTH - 50% 115,000.00 107,500.00
PAYMENT OF PURCHASES AFTER 2 MONTHS - 30% 69,000.00
OPERATING EXPENSES 135,000.00 225,000.00 247,500.00
PAYMENT OF EXPENSES - 60% 81,000.00 135,000.00 148,500.00
PAYMENT OF ACCRUED EXPENSES AFTER 1 MONTH - 40% 54,000.00 90,000.00
TAXES
PAYMENT OF INTEREST EXPENSE - LOAN ON FEBRUARY
PAYMENT OF INTEREST EXPENSE - LOAN ON APRIL
PAYMENT OF PRINCIPAL LOAN ON FEBRUARY
TOTAL CASH OUTFLOWS ₱ 365,000.00 ₱ 440,000.00 ₱ 466,600.00

CASH BEGINNING BALANCE

CASH ENDING BALANCE ₱ 8,525.00

REQUIRED CASH BALANCE ₱ 73,379.94

CASH SURPLUS / (DEFICIT) -₱ 64,854.94
 2022
FEB MAR APR

₱ 648,000.00 ₱ 777,600.00 ₱ 933,120.00

153,900.00 184,680.00 221,616.00 Cash sales is 1/4 of the total sales; deduct the 5% discount from the cash sales to arr
303,750.00 364,500.00 437,400.00 Remember this formula: Total Sales = Cash sales + Credit Sales. Thus, if Total sales
84,375.00 101,250.00 121,500.00 If 3/4 is collected, how much is "the rest" to be collected? Formula: total sales x ("cred
₱ 65,000.00 See: Cash budget proforma schedule. Basis of your answer: Cash deficit on January
81,000.00 See:Cash budget proforma schedule. Basis of your answer: Cash deficit on March
₱ 607,025.00 ₱ 650,430.00 ₱ 861,516.00 Total Cash inflows = cash sales, collections and proceeds drom loan, if any

₱ 309,600.00 ₱ 371,520.00 ₱ 445,824.00 See: Purchases

61,920.00 74,304.00 89,164.80 Purchaes x 20%
129,000.00 154,800.00 185,760.00
64,500.00 77,400.00 92,880.00
272,250.00 299,475.00 329,422.50
163,350.00 179,685.00 197,653.50
99,000.00 108,900.00 119,790.00
62176.5 See: Taxes
433.33 433.33 433.33 Check number 11. Formula: PROCEEDS FROM LOAN - BEGINNING OF FEBRUAR
540.00
65,000.00
₱ 518,203.33 ₱ 657,698.83 ₱ 751,221.63 Total Cash Otflows = Total purchases + Total OPEX

See: Cash budget proforma schedule

Is it given?
₱ 88,821.67 -₱ 7,268.83 ₱ 110,294.37

₱ 73,379.94 ₱ 73,379.94 ₱ 73,379.94 -

₱ 15,441.73 -₱ 80,648.77 ₱ 36,914.43 See: Cash budget proforma schedule
unt from the cash sales to arrive at your answer
dit Sales. Thus, if Total sales is 100% and the cash sales is 1/4, the credit sales is ___? So to get the answer in this row, your formula would be: Total sales x (your a
Formula: total sales x ("credit sales") x ("the rest")
wer: Cash deficit on January
wer: Cash deficit on March
ds drom loan, if any

BEGINNING OF FEBRUARY x ___% x (1month divided by 12 months)

ould be: Total sales x (your answer on "credit sale") x 3/4 which is collected
Cash budget proforma schedule: JAN FEB MAR APR

Total cash inflows or collections ₱ 525,750.00 ₱ 602,775.00 ₱ 723,330.00 ₱ 867,996.00

Less: Total cash outflows or disbursements ₱ 466,600.00 ₱ 517,770.00 ₱ 627,070.50 ₱ 685,248.30
Net Cash Flow ₱ 59,150.00 ₱ 85,005.00 ₱ 96,259.50 ₱ 182,747.70
Add: Cash beginning balance
Cash ending balance
Add: Required cash balance ₱ 73,379.94 ₱ 73,379.94 ₱ 73,379.94 ₱ 73,379.94
Surplus (or Deficit) ₱ 73,379.94 ₱ 73,379.94 ₱ 73,379.94 ₱ 73,379.94

If there is a deficit, there will be financing required (you need to loan/borrow funds for the next month)

Now, to get the PROCEEDS FROM LOAN - BEGINNING OF FEBRUARY, check number 11
There should be a cash deficit (negative) on January 2019 2019????
To get the PROCEEDS FROM LOAN - BEGINNING OF FEBRUARY, put an amount which can cover the deficit.
NOTE: The amount (or loan) must be higher/almost equal to the estimated amount of deficit; multiples of 1,000 (wala dapat butal)
FINAL FORMULA for you to get the answer:

Purchases for the month* Php xx

Multiply by 1.2
Purchases xxx

Cost of Sales Pro-forma schedule *CLUE FORMULA:

Beginning inventory Total sales for the last month

Add: Budgeted purchases ? *Add: Purchases for the month SQUEEZE!
Total Goods available for sale Total Goods available for sale
Less: Desired Ending Inventory Purchases for the last month
Budgeted Cost of Sales Total Sales for the month
215,000
Income Statement Pro-forma schedule Clue Formula:

Sales Total sales ₱ 1,965,600.00 Total (sales/purchases/OPEX) of what and how ma

Less: Cost of Sales Less: Total Purchases 939,120.00 1. How many months in 1 quarter?
Gross Profit Total OPEX 819,225.00 2. Use the calendar method in accounting. Start
Less: Selling and Admin Expenses Total ₱ 207,255.00
Operating income Multiply by ___% (check the given) 30%
Less: Interest Expense Tax 62176.5
Income before taxes
Less: Income Tax
Net Income
es/OPEX) of what and how many months?
hs in 1 quarter? 3 months
method in accounting. Start counting on the month of _____ until ___.