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T1-cash collection Prepare Scheduled of expected cash collection as follows: Month

T1-cash collection

Prepare Scheduled of expected cash collection as follows:
Month1234Total
Budgeted revenue£ 110,000£ 230,000£ 140,000£ 270,000£ 750,000
company collection policyon the month of sale70%
the following month30%
1234Total
Beg.Account receivables£ – 0
January£ – 0
February£ – 0
March£ – 0
April£ – 0
Total£ – 0£ – 0£ – 0£ – 0£ – 0

T2-cash disbursement

Prepare Scheduled of expectedcash disbursement as follows:
Month1234Total
Budgeted Purchases£ 580,000£ 110,000£ 65,000£ 150,000£ 905,000
company collection policyon the month of sale50%
the following month50%
1234Total
Beg.Account payable£ – 0
January£ – 0
February£ – 0
March£ – 0
April£ – 0
Total£ – 0£ – 0£ – 0£ – 0£ – 0

cash Budget

Preparing the cash budget
1234Total
Beginning,cash balance£ – 0
Add(+) cash receipts :
Total cash collection (T1)£ – 0£ – 0£ – 0£ – 0£ – 0
ATotal cash available£ – 0£ – 0£ – 0£ – 0£ – 0
Less(-) cash disbursement :
Total cash disbursement (2)£ – 0£ – 0£ – 0£ – 0£ – 0
Administrative expenses£ – 0
Cash dividends£ – 0
Equipment purchases£ – 0
BTotal cash disbursement£ – 0£ – 0£ – 0£ – 0£ – 0
A-B =Excess ( deficiency )
of cash available for disbursements
£ – 0£ – 0£ – 0£ – 0£ – 0
Financing£ 70,000
Ending,cash balance£ – 0£ – 0£ – 0£ – 0£ – 0

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