TASK 1

BUDGET DEVELOPMENT AND MANAGEMENT

CASH BUDGET FOR THE BOWMAN HOLIDAY VILLAGE FOR THE FOLLOWING YEAR:
CASH SALES CREDIT SALES
SALES $
JANUARY 1000 12000 6600
FEBRUARY 1200 14000 3600 7700
MARCH 1100 13000 1800 4200 7150
APRIL 1200 14000 2100 3900 7700
MAY 1300 15000 1950 4200 8250
JUNE 1350 15500 2100 4500 8525
JULY 1350 15500 2250 4650
AUGUST 1400 16000 2325
SEPTEMBER 1500 17000
OCTOBER 1400 16000
NOVEMBER 1550 15500
DECEMBER 1550 17500
 TOTAL SALES
7600
12500
14250
14900
15700
16475
8525 16775
4650 8375
2325 8800 12625
4800 6200
2400 9350 13300
5100 6650
TASK 1
BUDGET DEVELOPMENT AND MANAGEMENT

CASH BUDGET FOR THE BOWMAN HOLIDAY VILLAGE FOR THE FOLLOWING YEAR:
CASH SALES CREDIT SALES

SALES $ $
JANUARY 1000 7600
FEBRUARY 1200 12500
MARCH 1100 14250
APRIL 1200 14900
MAY 1300 15700
JUNE 1350 16475
JULY 1350 16775
AUGUST 1400 8375
SEPTEMBER 1500 12625
OCTOBER 1400 6200
NOVEMBER 1550 13300
DECEMBER 1550 6650

TOTAL SALES 15900 145350

PURCHASES
DECEMBER 5500
JANUARY 5800
FEBRUARY 6000
MARCH
APRIL 6200 6000
MAY 6200
JUNE
JULY 6400 6400
AUGUST 6500
SEPTEMBER
OCTOBER 6900 7000
NOVEMBER 6900
TASK 1
BUDGET DEVELOPMENT AND MANAGEMENT

CASH BUDGET FOR THE BOWMAN HOLIDAY VILLAGE FOR THE FOLLOWING YEAR:

JANUARY FEBRUARY MARCH APRIL MAY JUNE

CASH SALES 1000 1200 1100 1200 1300 1350

CREDIT SALES 7600 12500 14250 14900 15700 16475

TOTAL SALES 8600 13700 15350 16100 17000 17825

LESS:
PURCHASES 5800 6000 6200 6200

CREDIT SALES 6000

WAGES 3200 3200

OTHER EXPENSES 1000 1000

NEW EQUIPMENT BUY 2000 2000

COMPANY TAX 700 700

OVERDRAFT 1200

CASH AT THE END OF THE YEAR 1600 7700 10450 3900 8800 10925
JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER

1350 1400 1500 1400 1550 1550

16775 8375 12625 6200 13300 6650

18125 9775 14125 7600 14850 8200 161250

6400 6500 6900 6900 5500

6400 7000

3200

1000

700 700

5325 3275 9225 -6300 7950 2000