Cash Budget from July to December 2016

Month July August September October

Opening Cash 132000 201300 387600 90000
Add: Colllection from Detors 198000 351000 531000 657000
Less: Labour and Raw Material Payment 90000 126000 882000 306000
Less: General and Admin Salaries 27000 27000 27000 27000
Less: Lease Payments 9000 9000 9000 9000
Less: Misc Expenses 2700 2700 2700 2700
Less: Income Tax 63000
Less: Progress Payment 180000
Add: Financing Required 155100
Closing Cash Balance 201300 387600 90000 222300

Calcualtion of Collection from Debtors

Month May June July August
Sale 180000 180000 360000 540000
Received in Month 10% 18000 18000 36000 54000
Received in Next one Month 75% 135000 135000 270000
Received in second Month 15% 27000 27000

Total Cash Received in Month 18000 153000 198000 351000

b/

Cash Budget from Jult to December 2016

Month July August September October
Opening Cash 132000 90000 90000 90000
Add: Colllection from Detors 198000 351000 531000 657000
Less: Labour and Raw Material Payment 90000 126000 882000 306000
Less: General and Admin Salaries 27000 27000 27000 27000
Less: Lease Payments 9000 9000 9000 9000
Less: Misc Expenses 2700 2700 2700 2700
Less: Income Tax 63000
Less: Progress Payment 180000

Closing Cash Balance before adjustment 201300 276300 -362700 222300

Add/ Less Adjustment for Balance 111300 186300 -452700 132300
Closing Balance after Adjustment 90000 90000 90000 90000

Investment 111300 186300 0 132300

Financing 0 0 452700 0
November December
222300 363600
414000 333000
234000 162000
27000 27000
9000 9000
2700 2700
63000

363600 432900

September October NovemberDecember

720000 360000 360000 90000
72000 36000 36000 9000
405000 540000 270000 270000
54000 81000 108000 54000

531000 657000 414000 333000

November December
90000 90000
414000 333000
234000 162000
27000 27000
9000 9000
2700 2700
63000

231300 159300
141300 69300
90000 90000

141300 69300
0 0