The following budgeted information is available for Slipper Ltd: It is expected that the cash balance at

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The following budgeted information is available for Slipper Ltd:

It is expected that the cash balance at 1 March will be £2,900.

Cash sales are expected to be 10% of total sales.

Debtors are expected to settle their debts one month after the sales have taken place.


Required

Prepare a cash budget for each of the three months ending 31 May.

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