prepare operational budgets

Q4: Background information for Weary & Ca Use the information below to prepare a cash receipts budget for Weary & Co. for the months of January, February and March (no GST). Actual net sales were: Budgeted net sales are: November December January February March $11,000 $12.000 $13,000 $14,000 $15,000 Sales are 90% credit and 10% cash. Weary & Co. budgets to collect accounts receivable as follows: 50% In the month of sale 30% In month after sale 20% In second month after sale. %6 November December January March Sales February 11000 12000 13000 14000 15000 90% 9900 10800 11700 12600 13500 Credit Sales Collections: Same Month 1 Month after sale 507 307 20% 2 Months after sale 16000 6500 7000 7500 3600 3900 4200 2200 2400 2600 1300 1400 1500 13600 14700 15800 Cash Sales 107 Total collected Q4.1 In your own words explain what is included in a Cash budget (use 50-100 words in MR FER answer)