Mei Jun July August September October

Sales 575,000 610,000 550,000 580,000 605,000 570,000

60% 345,000 366,000 330,000 348,000 363,000 342,000

July August September

Opening cash balance 20,000 42,833 47,066
Cash collection
60% Cash Sales 60% 330,000 348,000 363,000
20% Cash Sales 20% 122,000 110,000 116,000
20% Cash Sales 20% 115,000 122,000 110,000

Total Cash Receipts (a) 567,000 580,000 589,000

Cash Disbursement
100%Cash Payment 80% 464,000 484,000 456,000

Wages & salaries 10% 55,000 58,000 60,500

Utilities 2% 11,000 11,600 12,100

Rental 10,000 10,000 10,000

Ta payment 8,000
Interest Paid - 4,167 4,167 4,167
Total Cash disbursement (b) 544,167 575,767 542,767

Excess/(defisit) 42,833 47,066 93,299

Financing
Borrowing
Repayment
Interest
Ending Cash blance 42,833 47,066 93,299
25,000 15,000 35,000
SIME DARBY BHD has been engaged in the process of forecasting its financing needs over the next quarter and has made t
following forecasts of planned cash receipts and disbursements:
The monthly sales for the year of 2020:

RM RM
April 600,000 August 580,000
May 575,000 September 605,000
June 610,000 October 570,000
July 550,000 November 577,000

i) The firm's sales of 60% is collected in the month of sale and the remaining balance will be collected equally in the follow
two months after sales.
ii) The raw materials are 80% of sales purchased two (2) months before the sales month. The supplier is paid one month
after the purchases on the cash payment basis.
iii) The wages and salaries is paid based on 10% of sales in the month. The utilities for the firm is 2% of sales in the month o
their incurrence.
iv) Furthermore, the monthly rent expenses is RM10,000 and RM8,000 tax payments are to be made in the second month
each quarter.
v) A 10% annual interest on a RM500,000 term loan will be paid monthly.
vi) Beginning cash balance for the budget period is RM20,000 with a minimum cash balance of RM45,000 and an increase
RM90,000 in August and RM100,000 in September.
vii) Any short term financing needed to maintain the minimum cash balance should be paid off the month after the financi
month with an annual interest rate of 12% per annum.
Prepare a monthly cash budget for the three-month period ended 30th September.
ting its financing needs over the next quarter and has made the
ts:

the remaining balance will be collected equally in the following

hs before the sales month. The supplier is paid one month

month. The utilities for the firm is 2% of sales in the month of

RM8,000 tax payments are to be made in the second month of

id monthly.
with a minimum cash balance of RM45,000 and an increase to

m cash balance should be paid off the month after the financing

nded 30th September.

 Mei Jun July August September October
Sales 750,000 810,000 760,000 674,000 712,000 720,000
70% 525,000 567,000 532,000 471,800 498,400 504,000

July August September

Opening cash balance 95,000 268,750 351,900
Cash collection
70% Cash Sales 70% 532,000 471,800 498,400
15% Cash Sales 15% 121,500 114,000 101,100
15% Cash Sales 15% 112,500 121,500 114,000

Total Cash Receipts (a) 766,000 707,300 713,500

Cash Disbursement
100%Cash Payment 75% 505,500 534,000 540,000

Wages & salaries 8% 60,800 53,920 56,960

Utilities 2% 15,200 13,480 14,240

Rental 7,000 7,000 7,000

ta payment 12,000
Interest Paid - 3,750 3,750 3,750
Total Cash disbursement (b) 592,250 624,150 621,950

Excess/(defisit) 268,750 351,900 443,450

Financing
Borrowing
Repayment
Interest
Ending Cash blance 268,750 351,900 443,450
45,000 90,000 100,000
NESAM JAYA BHD has been engaged in the process of forecasting its financing needs over the next quarter and has
made the following forecasts of planned cash receipts and disbursements:
The monthly sales for the year of 2020:

RM RM
April 800,000 August 674,000
May 750,000 September 712,000
June 810,000 October 720,000
July 760,000 November 790,000

i) The firm's sales of 70% is collected in the month of sale and the remaining balance will be collected equally in the
following two months after sales.
ii) The raw materials are 75% of sales purchased two (2) months before the sales month. The supplier is paid one
month after the purchases on the cash payment basis.
iii) The wages and salaries is paid based on 8% of sales in the month. The utilities for the firm is 2% of sales in the
month of their incurrence.
iv) Furthermore, the monthly rent expenses is RM7,000 and RM12,000 tax payments are to be made in the second
month of each quarter.
v) A 10% annual interest on a RM450,000 term loan will be paid monthly.
vi) Beginning cash balance for the budget period is RM95,000 with a minimum cash balance of RM45,000 and an
increase to RM90,000 in August and RM100,000 in September.
vii) Any short term financing needed to maintain the minimum cash balance should be paid off the month after the
financing month with an annual interest rate of 12% per annum.
Prepare a monthly cash budget for the three-month period ended 30th September.
recasting its financing needs over the next quarter and has
nd disbursements:

e and the remaining balance will be collected equally in the

months before the sales month. The supplier is paid one

n the month. The utilities for the firm is 2% of sales in the

and RM12,000 tax payments are to be made in the second

be paid monthly.
5,000 with a minimum cash balance of RM45,000 and an
ember.
nimum cash balance should be paid off the month after the
annum.
od ended 30th September.
 Mei Jun July August September October
Sales
- - - - - -

July August September

Opening cash balance - -
Cash collection
50% Cash Sales - - -
25% Cash Sales - - -
25% Cash Sales - - -

Total Cash Receipts (a) - - -

Cash Disbursement
100%Cash Payment - - -

Wages & salaries - - -

Utilities - - -
Rental

Quit Rent
Interest Paid -
Total Cash disbursement (b) - - -

Excess/(defisit) - - -
Financing
Borrowing
Repayment
Interest
Ending Cash blance - - -
KULIM BHD has been engaged in the process of forecasting its financing needs over the next quarter and has
made the following forecasts of planned cash receipts and disbursements:
The monthly sales for the year of 2020:

RM RM
April 990,000 August 796,000
May 875,500 September 805,000
June 788,000 October 819,000
July 813,000 November 814,500

i) The firm's sales of 80% is collected in the month of sale and the remaining balance will be collected equally
in the following two months after sales.
ii) The raw materials are 70% of sales purchased two (2) months before the sales month. The supplier is paid
one month after the purchases on the cash payment basis.
iii) The wages and salaries is paid based on 12% of sales in the month. The utilities for the firm is 2% of sales
in the month of their incurrence.
iv) Furthermore, the monthly rent expenses is RM7,000 and RM10,000 tax payments are to be made in the
second month of each quarter.
v) A 10% annual interest on a RM500,000 term loan will be paid monthly.
vi) Beginning cash balance for the budget period is RM85,000 with a minimum cash balance of RM55,000
and an increase to RM60,000 in August and RM70,000 in September.
vii) Any short term financing needed to maintain the minimum cash balance should be paid off the month
after the financing month with an annual interest rate of 12% per annum.
Prepare a monthly cash budget for the three-month period ended 30th September.
 Mei Jun July August September October
Sales
- - - - - -

July August September

Opening cash balance - -
Cash collection
50% Cash Sales - - -
25% Cash Sales - - -
25% Cash Sales - - -

Total Cash Receipts (a) - - -

Cash Disbursement
100%Cash Payment - - -

Wages & salaries - - -

Utilities - - -
Rental

Quit Rent
Interest Paid -
Total Cash disbursement (b) - - -

Excess/(defisit) - - -
Financing
Borrowing
Repayment
Interest
Ending Cash blance - - -
7-ELEVEN BHD has been engaged in the process of forecasting its financing needs over the next quarter and has
made the following forecasts of planned cash receipts and disbursements:
The monthly sales for the year of 2020:

RM RM
April 800,000 August 674,000
May 750,000 September 712,000
June 810,000 October 720,000
July 760,000 November 790,000

i) The firm's sales of 70% is collected in the month of sale and the remaining balance will be collected equally in the
following two months after sales.
ii) The raw materials are 75% of sales purchased two (2) months before the sales month. The supplier is paid one
month after the purchases on the cash payment basis.
iii) The wages and salaries is paid based on 8% of sales in the month. The utilities for the firm is 2% of sales in the
month of their incurrence.
iv) Furthermore, the monthly rent expenses is RM7,000 and RM12,000 tax payments are to be made in the second
month of each quarter.
v) A 10% annual interest on a RM450,000 term loan will be paid monthly.
vi) Beginning cash balance for the budget period is RM95,000 with a minimum cash balance of RM45,000 and an
increase to RM90,000 in August and RM100,000 in September.
vii) Any short term financing needed to maintain the minimum cash balance should be paid off the month after the
financing month with an annual interest rate of 12% per annum.
Prepare a monthly cash budget for the three-month period ended 30th September.
 orecasting its financing needs over the next quarter and has
pts and disbursements:

f sale and the remaining balance will be collected equally in the

o (2) months before the sales month. The supplier is paid one
sis.
es in the month. The utilities for the firm is 2% of sales in the

000 and RM12,000 tax payments are to be made in the second

will be paid monthly.

RM95,000 with a minimum cash balance of RM45,000 and an
September.
e minimum cash balance should be paid off the month after the
% per annum.
period ended 30th September.
 Arena Maju Corporation
Cash Budget for the three-month period ended 30th September 2021
Mei Jun July August September October
Sales 523,000 600,000 750,000 630,000 450,000 430,000
40% 209,200 240,000 300,000 252,000 180,000 172,000

July August September

Opening cash balance 180,000 255,400 494,900
Cash collection
40% Cash Sales 40% 300,000 252,000 180,000
30% Cash Sales 30% 180,000 225,000 189,000
30% Cash Sales 30% 156,900 180,000 225,000

Total Cash Receipts (a) 636,900 657,000 594,000

Cash Disbursement
100%Cash Payment 70% 441,000 315,000 301,000

Wages & salaries 10% 75,000 63,000 45,000

Utilities 5% 37,500 31,500 22,500

Rental 5,000 5,000 5,000

Maintenance 3,000 3,000 3,000

Total Cash disbursement (b) 561,500 417,500 376,500

Excess/(defisit) 255,400 494,900 712,400

Financing
Ending Cash blance 255,400 494,900 712,400
20,000 30,000 60,000