a. The October 31 balance in the cash account is $54,115. b. All sales are on account. Sales in September were $1,050,000 and in October were $1,250,000. c. November sales are expected to be $2,165,000. buying season. Fifteen percent of purchases are paid in the month of purchase, while the remainder is paid in the month following the purchase month. following month. g. Rent for office and warehouse space is $12,100 paid monthly in cash. h. Utilities average $6,100 per month and are paid in cash. i. In November, Khloe expects to pay employment taxes of $6,625. k. Other cash expenses for November are expected to be $39,500. Prepare a cash budget for Khloe Company for the month of November. Khloe Company Cash Budget For the Month of November Beginning balance, cash account Received on account from sales in: October November Total cash available Disbursements: Payments for purchases made in: Salaries paid for work in: October November Rent Utilities Employment taxes Customs duty and shipping Other cash expenses Total disbursements Ending cash balance