PJ Ltd. is currently preparing cash budget for the year 2025. An extract from its sales budget for the same year shows the following sales values:…
CA Intermediate · Cost and Management Accounting · MTP · September 2025
PJ Ltd. is currently preparing cash budget for the year 2025. An extract from its sales budget for the same year shows the following sales values: (₹ '000) March 750 April 900 May 1,000 June 600 40% of its sales are expected to be for cash. Of its credit sales, 80% are expected to be realised in the next month and the balance in the second month. The value of sales receipts to be shown in cash budget for May 2025 is (in ₹'000):
Suggested Answer and Working Notes:
Correct Answer: Option (B)
922
Topics: Budgets and Budgetary Control
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