You are the accountant and are tasked with the job of producing a Cash Budget for...

    
 

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You are the accountant and are tasked with the job of producing a Cash Budget for the 4 months ending December 2023 to show to either the bank or the leasing company on behalf of A-Jay. The following information is made available to you. 1) The closing balance on A-Jay's bank account on the 31 August 2023 is an overdraft of 12,500 2) Cash Sales and Trade Receivables. Cash Sales and Trade Receivables Cash Sales Trade Receivables Dec-23 Sep-23 Oct-23 Nov-23 78,000 81,900 83,400 86,100 54,000 56,700 56,400 58,600 3) Cash Purchases and Trade Payables Cash Purchases Trade Payables Cash Purchases and Trade Payables Sep-23 44,500 17,200 Oct-23 Nov-23 Dec-23 47,100 49,000 46,200 18,400 18,900 19,100 You are the accountant and are tasked with the job of producing a Cash Budget for the 4 months ending December 2023 to show to either the bank or the leasing company on behalf of A-Jay. The following information is made available to you. 1) The closing balance on A-Jay's bank account on the 31 August 2023 is an overdraft of 12,500 2) Cash Sales and Trade Receivables. Cash Sales and Trade Receivables Cash Sales Trade Receivables Dec-23 Sep-23 Oct-23 Nov-23 78,000 81,900 83,400 86,100 54,000 56,700 56,400 58,600 3) Cash Purchases and Trade Payables Cash Purchases Trade Payables Cash Purchases and Trade Payables Sep-23 44,500 17,200 Oct-23 Nov-23 Dec-23 47,100 49,000 46,200 18,400 18,900 19,100