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5. 2013 is expected to be 40 000. Prepare a month-wise cash budget for P Ltd. for the period May to July 2013. The sales receipts budgeted are as follows May 20I3 4 01 700 June 2013 4 50 280 July 20I3 4 25 880 The bank balance on 1. Date Opening Balance 13 From Supplier 14 Returned to stores 15 16 - Qty units Rate FIFO Method Issue Units - 24. Date May 2013 Transaction Issue 70 units Received from supplier 200 units 24. 5 per unit Returned to Stores 15 units 24 per unit Issue 112 units...
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