1.

Sales Budget

Total sales
cash sales
sales on account

cash sales = .25*total sales

sales on a/c= .75*total sales

2. cash receipts budget

cash sales
cash collection (credit sales) during the month (10%)
cash collection (credit sales) during previous month (90%)
Total cash receipt

3. Purchase Budget

Budgeted COGS
Ending inventory
Total goods needed
beginning inv
purchases

4.cash disbursement budget

inventory purchases
cash payment for purchase during the month
cash payment for purchase during previous month
total
sales salaries
adv & promotion
admin salaries
interest on bonds
property tax
sales commissions
total
total cash disburshment

5. summary cash budget

 cash receipt
less cash disburshment
change in cash balance due to operation
sales of marketable securities
proceeds from bank loan
purchase of equipments
repayment of bank loan
interest on bank loan
payment of dividend
change in cash balance during 1st quarter
cash balance 1/1
cash balance 3/31

6. analysis of short term financing needs

projeced cash balance as of dec 31,20x0
less min cash balance
cash avaiable for equipment purchase
projected proceeds from sales of marketable securities
cash avaialable
less cost of investment in equipment
req short term borrowing

7. Budgeted income statement

sales revenue
less : cogs
gross margin
sales salaries
sales commission
ad & promotion
admin salaries
depreciaiton
interest on bonds
interest on short term bank loan property tax
total selling and admin exp
net income

8. Budgeted statemnet for retained earning

retained earning 12/31/x0
add: net income
deduct : dividends
retained earning 3/31/x1
9. budgeted balance sheet
cash
a/c receivable
inventory
equipment and building
total asset

account payable
bond interest payable
property tax payable
bond payable due in 20x6
common stock
retained earning
total liability and equity

account receivable 12/21/x0

sales
cash collection from credit sales (109230+893700)
a/c receivable 3/31/x1

building and equipment net 12/31

cost of equipment acquired
depreciation exp
building and equipment net 3/31

a/c payable 12/31

purchases
casg payment for purchases
account payable 3/31
dec jan feb march first quarter
400000 440000 484000 532400 1456400
100000 110000 121000 133100 364100
300000 330000 363000 399300 1092300

jan feb march first quarter

110000 121000 133100 364100
33000 36300 39930 109230
270000 297000 326700 893700
413000 454300 499730 1367030

dec jan feb march first quarter

280000 308000 338800 372680 1019480
154000 169400 186340 186340 542080
434000 477400 525140 559020 1561560
140000 154000 169400 186340 509740
294000 323400 355740 372680 1051820

jan feb march first quarter

129360 142296 149072 420728

176400 194040 213444 583884
305760 336336 362516 1004612
21000 21000 21000 63000
16000 16000 16000 48000
21000 21000 21000 63000
15000 0 0 15000
0 5400 0 5400
4400 4840 5324 14564
77400 68240 63324 208964
383160 404576 425840 1213576

jan feb march first quarter

 413000 454300 499730 1367030
383160 404576 425840 1213576
29840 49724 73890 153454
15000 0 0 15000
100000 0 0 100000
125000 0 0 125000
0 0 100000 100000
0 0 2500 2500
0 0 50000 50000
-9046
35000
25954

35000
25000
10000
15000
25000
125000
150000

1456400
1019480
436920
63000
14564
48000
63000
75000
7500
2500
2700
276264
160656

107500
160656
50000
218156
 25954
359370
186340
676000
1247664

223608
5000
900
300000
500000
218156
1247664

270000
1092300
1002930
359370

626000
125000
75000
676000

176400
1051820
1004612
223608