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Expert Q&A please solve this in 15 min From the following forecast of income and expenditure prepare a Cash Budget for the hree months ending on May, 20XB Month Sales Purchase Wapest Misc. Jan 8 2.20 000 134000 30000 17.000 Feb X 230,000 1,50,000 22.000 18.000 Mar XB 100.000 54.000 28.000 15.000 Apr XB 2.16.000 1.55,000 30.000 22.000 May 8 188,000 130.000 20.000 15.000 Additional Informations Sarald in the month of scount allowed 2%. balance seated equally o subsequent months Purchase. These are paid in the months ollowing the month of supply Wages 50% padinamas following month M Misc Expenses Paid a month in areas Rent 2000 per month paid quarterly in avance due in March Income Tax Fint installment of advance tax 130.000 que on or before 15 May to be paid within the month income from investment 15.000 received marterty in March June etc a Canina 25,000 in March 20x8