Cash Budget Solution to the Past Papers
Q.4, 2007
Total Receipts.......................................... ....Rs. 9, 20,000
Total Payments.......................................... .......891000
Opening balance........................................... .....80000
Add Total Receipts.......................................... ...920000
Total............................................. ..................10, 00,000
Less T. Payments.......................................... .....8, 91000
Excess of Cash.............................................Rs.109000
Q.5, 2008
Total Receipts.......................................... ....Rs. 34,400
Total Payments.......................................... .......39850
Opening balance........................................... .....5000
Add Total Receipts.......................................... ...34400
Total............................................. ..................39400
Less T. Payments.......................................... .....39850
Deficit........................................... ..............Rs.(450)
Bank borrowing......................................... .........5450
Desired ending Month Balance.........................Rs. 5000
Q.4, 2009
Total Receipts.......................................... .....Rs. 257200
Total Payments.......................................... ........281500
Opening balance........................................... ......30000
Add Total Receipts.......................................... ....257200
Total............................................. ...................287000
Less T. Payments.......................................... ......272500
Excess of Cash..............................................Rs. 14700
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"Our Lord, give us the good in this world and the good in the hereafter." (Al-Qur'an, 2:201).
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