Cash Budget for Leisure Wear: Comment and Recommendations

This document provides a cash budget for Leisure Wear for the year 2019. It includes recommendations for the company to increase cash inflows and invest in government bonds. The cash budget shows that there is no downfall in closing balance that means the amount is in positive number. The highest closing balance is registered in the month of December 2019 due to which there is high amount of the closing balance that means that in this month the company has registered high amount of sales. Further, this has been found that in the entire year there was up and down in the amount of the closing balance which might be due to decrease in sales, increase in expenses. It is relevant for students studying management accounting and related courses.