Check Your Work com hm.tp Pauts Pool Service provides pool cleaning chemical application, and pool repains for residential oustomers Clients ane billed weekdy for services provided and usually pay 70 percent of thei ees in the monith the service is provided. in the month tolowing service, Paul collects 25 percent of service fees The al 5 percent is collectied in the second month ollowing service Pa used in the month of purchase, and the remainder is used in the month following purchase The following information is available for the moths of June, July, and August, which are Pauls busiest moths June 1 cash balance $17.000 June s pplies on hand woo une1 accounts recelvable 59 600 June 1 accounts payable 54 500 Sales during May were $26,800, and sales during Aprll were $19 200 Estimated purchases for June, July and August ane $10,600, 520 200, and $14,400 esetivel Purchases in May were $5,800 Compute budgeted cahes and budgehed eash plymnts for each mon Budgeled Cash Payments 2. Compute the balances necessary to prepare a budened balance sheet forAust 31 for ach of the foingon command option- option command