2 Abuhatim LLC has given the following particulars. You are required to prepare a cash budget for the three months ending 31stDecember 2019

Months	Sales ( OMR)	Materials ( OMR)	Wages ( OMR)	Over heads ( OMR)
August	20000	10200	3800	1900
September	21000	10000	3800	2100
October	23000	9800	4000	2300
November	25000	10000	4200	2400
December	30000	10800	4500	2500

Credit terms are

1. Sales /Debtors 10% sales are on Cash , 50% of the credit sales are collected in next month and the balance in the following month

2. Creditors materials 2 months

Wages 1 month

Over heads 1 month

3. Cash balance on 1st October is expected to be OMR.8000

4. A machinery will be installed in August at a cost of OMR.100,000, the monthly instalment of OMR.5000 is payable from October onwards

5. Dividend at 10% on preference share capital OMR.300,000 will be paid on 1st December 2019

6. Advance to be received for the sale of vehicles OMR.20000in December

7. Income tax tobe received in December OMR.5000