Manteo Corporation

Cash Collections
For the Month of May
Expected Sales January
₱ 72,000.00
Percentages
Month of sale 70.00%
Following month of sale 20.00%
Following second month of sale 9.00%

January
Collections in the month of sale ₱ 50,400.00
Collections in the following month of sale
Collections in the following second month of sale
Total Expected Cash Collections from customers ₱ 50,400.00
 oration
ctions
h of May
February March April May
₱ 66,000.00 ₱ 60,000.00 ₱ 78,000.00 ₱ 66,000.00

February March April May

₱ 46,200.00 ₱ 42,000.00 ₱ 54,600.00 ₱ 46,200.00
₱ 14,400.00 ₱ 13,200.00 ₱ 12,000.00 ₱ 15,600.00
₱ 6,480.00 ₱ 5,940.00 ₱ 5,400.00
₱ 60,600.00 ₱ 61,680.00 ₱ 72,540.00 ₱ 67,200.00
 Manteo Corporation
Cash Disbursements
For the Month of May
January February
Expected Purchases ₱ 42,000.00 ₱ 48,000.00
Percentages
Discount allowed on purchases 2.00%
Cash payment 98.00%

January February
Disbursements in the following month ₱ 41,160.00
Expected Cash Disbursements to suppliers ₱ 41,160.00
Add: Cash Disbursements for expenses in May
Total Expected Cash Disbursements in May
s
y
March April May
₱ 36,000.00 ₱ 54,000.00 ₱ 60,000.00

March April May

₱ 47,040.00 ₱ 35,280.00 ₱ 52,920.00
₱ 47,040.00 ₱ 35,280.00 ₱ 52,920.00
₱ 14,400.00
₱ 67,320.00
 Manteo Corporation
Cash Budget
For the Month of May
Cash, beginning in May ₱ 22,000.00
Add: Expected Cash Collections in May ₱ 67,200.00
Total ₱ 89,200.00
Less: Expected Cash Disbursement in May ₱ 67,320.00
Cash, ending in May ₱ 21,880.00