BUDGETING JULY AUGUST SEPTEMBER ОСТОВER NOVEMBER DECEMBER RM185,000 RM200,000 RM360,000 RM320,000 RM195,000 RM250,500 1. Analysis of the debtors shows that debtors settle their account according to the following pattern: 50% within the month of sale 30% in 2nd month of sale 20% in 3rd month of sale 2. Monthly expenses for NAFR Enterprises Wages-RM30,000 Rental - RM5,500 Utilities - RM5,000 Transportation-RM500 Insurances- RM800 are paid in the month in which they are incurred. It is the company policy to transfer RMS,000 per month in bank. The return on investment will be received in December. 3. In December, NAFR enterprise transfer RM50,000 to CIMB Bank for a fixed deposit. 4. The annual depreciation for the motor vehicles is RM25,000. 5. The cash amount as at 30 September 2022 is expected to be RM16,205 6. All calculation is to be round off to nearest whole number

Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.