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From the following particulars, prepare a cash budget for the period October to December 2009, indicating the extent of the bank facilities the company will require at the end of each month:
Month
Sales Rs.
Purchases Rs.
Wages Rs.
August
80,000
62,400
6,000
September
1,00,000
75,000
7,000
October
55,000
1,20,000
5,000
November
90,000
1,25,000
December
65,000
1,34,000
10,000
Additional information:
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