6 Prepare a Cash Budget from April to June for ABC Co. Ltd.

      With the help of following information :

Month                                Sales (Rs.)                                      Purchases (Rs.)                            Wages (Rs.)

February                            180000                                              124000                                              12000

March                                  192000                                             144000                                              14000

April                                    108000                                               243000                                             11000

May                                     174000                                              246000                                              10000

June                                    126000                                             26800                                                15000

b. 50% of the credit sales are realized in the following month sales and remaining 50% sales for in 

   The second following month.

c. Creditors are paid in the following month of Purchase.

d. Cash at Bank as on 1st April Rs. 25000.