12 Que. 1. Raysut Company has provided the following information for the months of September October, November and December 2021 Month Sale Wapes Other expenses Perchases (OMR) (OMR: OMR OMR September 2 100 SO 110 October TO 24 1500 November 1300 100 December 600 1 10 so Additional information: Cash balance on 1/10/2021 is OMR 9XX Sales - 50% is realized in the month of sales and the balance in the next Wages are paid in the next month Other expenses are payable in the same month Machinery sold for OMR 200 in December 2021 and cash to be received after two months. OMR 250 is payable in November 2021 for the motor van purchased in September 2021 Rent OMR 2,300 is payable in December 2021 month. a. You are required to prepare the cash budget for the company for the period October to December 2021 b. Will there be a necessity for Raysut Company to avail bank overdraft? If yes, suggest the company as to how much minimum amount has to be taken as loan or overdraft and in which month it will be required. Note: For Cash balance on 1/10/2021 use the last two digits of your ID number in place of XX to arrive at the amount.) (7.5 marks) Cash budget for the period