Question: Please answer in proper format with all working clearly please fill up all budgeted $2,000,000 sales made are for jan to june Q2 Aces Co.

Please answer in proper format with all working clearly

Please answer in proper format with all working
please fill up all budgeted $2,000,000 sales made are for jan to june Q2 Aces Co. budgets $2,000,000 for sales made. As items Aces sells are very expensive, they give customers 3 months to pay the entire bill. Payments received are as follows: 1st month 45% 2nd month 35% Ard month 10% Estimated uncollectable 10% 100% Aces also pays $500,000 per month for direct materials, and $600,000 for direct labour. Please complete this table and report what cash in the account is left at the end of June. Cash Received Budget January February March April May June Received per month Cash Paid Budget January February March April May June DL DM Paid per month C Net Cashflow Carry forward Cash or (Line of Credit) Wait or use our $

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