1. John Adams uses a spreadsheet to prepare his Cash Budget for the 6-month period January...

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1. John Adams uses a spreadsheet to prepare his Cash Budget for the 6-month period January to June, 2022, based upon the following data. Month January February March 1. 2. April May June Additional information: Sales (OMR) 130,000 128,000 132,000 140,000 142,000 138,000 Purchases (OMR) 70% of Sales 70% of Sales 60% of Sales 60% of Sales 75% of Sales 75% of Sales Wages (OMR) 15,500 15,800 16,000 16,200 16,500 17,000 The cash balance at 1 January is OMR 20,000. Sales are 70% on credit and remaining on cash. Collections from accounts 1. John Adams uses a spreadsheet to prepare his Cash Budget for the 6-month period January to June, 2022, based upon the following data. Month January February March 1. 2. April May June Additional information: Sales (OMR) 130,000 128,000 132,000 140,000 142,000 138,000 Purchases (OMR) 70% of Sales 70% of Sales 60% of Sales 60% of Sales 75% of Sales 75% of Sales Wages (OMR) 15,500 15,800 16,000 16,200 16,500 17,000 The cash balance at 1 January is OMR 20,000. Sales are 70% on credit and remaining on cash. Collections from accounts

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Details Cash budget for the month of January to jone B... View the full answer