prepare a cash budget from the above and assess the surplus or deficit 622108

The following data are available in a manufacturing company for a half-yearly period:

Fixed expenses:

Semi-variable expenses:

(at 50% of capacity)

1. Equipment of original value of Rs. 1.63 lakhs with accumulated depreciation of 0.84 lakhs to be sold.
2. The increase in working capital is as follows:
   1. Inventory Rs. 5.2 lakhs
   2. Debtors Rs. 2.8 lakhs
3. Dividends of Rs. 15 lakhs to be paid.
4. Term-loan instalment due during the year – Rs. 3 lakhs.
5. Following is the budgeted P&L A/c for the next year

Prepare a cash budget from the above and assess the surplus or deficit.