Question: You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the

You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company's operations:
a. The cash balance on December 1 is $47,000.
b. Actual sales for October and November and expected sales for December are as follows:
\table[[,October,November,December],[Cash sales,$83,000,$79,000,$85,600
 You have been asked to prepare a December cash budget for

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