A.

Presyler Trading Company

Fons Presyler operates a small hardware store along T. Alonso St.

Old school, no tech of any kind.
Help him make a weekly cash budget for the months of October to December, 2022
Fons sat down and wrote down the following cash items which have to be
paid or collected.

Estimated Sales - week of:

Oct 3 and 10 300000 per week
Oct 17 and 31 350000
Nov-07 300000
Nov-14 350000
Nov 21 and 28 325000
Dec 5 and 12 375000
Dec-19 275000
Dec-26 200000

Collection
Cash sales 35%
Credit - 30 days 30%
Credit - 60 days 35%

Sales for Aug - per week 300000 / 320000 / 300000 / 275000 / 280000
Sales for Sept - per week 325000 / 350000 / 360000 / 320000

Accounts payable - paid end of the month

Oct 950000
Nov 825000
Dec 750000

Payroll
Rank and file 7000 per week
Middle management 30000 15 and 30 of each month
Presyler (personal) 70000 per month

Benefits
 SSS/Philhealth 12500 end of every quarter
13th month - paid Dec 10 30000 rank and file
60000 middle management
Fons - personal paid Dec 10 100000

Rent - payable first week of every month 25000 per month

Utilities
Water 2000 per month - payable 60 days after t
Electricity 32000 per month - payable 30 days after e

Tong - police protection 1000 per week

Post dated checks issued

Oct-18 250000
Nov-28 200000

Cover cash short falls by issuing PDC's - 60 days at 1.5% interest per 30 days, interest de
Minimum cash balance 20000
 A Preysler Answer Sheet

10/2 10/9 10/16 10/23 10/30

December, 2022 Collections

Sales for Aug - per week 300000 / 320000 / 300000 / 275000

aug cr - 30d
aug cr - 60d 113.75 122.5 126 112

Sales for Sept - per week 325000 / 350000 / 360000 / 320000

sept cr - 30d 97.5 105 108 96
Sept cr - 60d 113.75 122.5

sales - oct 300 300 350 350 350

cash 35% 105 105 122.5 122.5 122.5

cr - 30d
cr - 60d

Total collection 316.25 332.5 356.5 444.25 245

0 / 275000 / 280000 Payments

0 / 320000
Accounts Payable 950

Payroll
Rank & file 7 7 7 7 7
Mid mgt 30 30
Fons Personal 70

SSS/Phil Health
ach month 13th Mo r&f
mid-mgt
Fons
 Rent 25
Utilities water 2
electricity 32

PDC due 250

Total Cash Payments 32 7 287 7 1091

--------------------------------------------------------------------------------------------------------
ayable 60 days after the end of the month End bal 284.25 325.5 69.5 437.25 -846
ayable 30 days after end of the month cumulative bal 629.75 699.25 1136.5 290.5

r 30 days, interest deducted from the proceeds.

 11/6 11/13 11/20 11/27 12/4 12/11

0 / 300000 / 275000 / 280000

0 / 360000 / 320000

126 112

300 350 325 325 375 375

105 122.5 113.75 113.75 131.25 131.25

90 90 105 105 105 105
105 -105

321 324.5 218.75 218.75 341.25 131.25

825

7 7 7 7 7 7
30 30
70

100
 25 25
2
32

200

32 37 7 1166 32 107
-----------------------------------------------------------------------------------------
289 287.5 211.75 -947.25 309.25 24.25
579.5 867 1078.75 131.5 440.75 465