Budgeting

Wyatt Ltd produced the following budget infon'netion concerning sales revenue: Sales revenue it September 260.000 October 320,000 November 280.030 The business expects to receive 25% of sales revenue generated within the month of sale. "(0% is expected to be received one month after the relevant sale and the remainder two months after. Prepare the following trade receivables budget for November. (Enter your answers as integers. Any deductions to be shown in brackets.) Opening balance 253,000 Sales for month 230000 533.000 Cosh reoeived Closing balance