Calculation Cash Budget Calculate the budgeted cash receipts and cash payments. Calculation of Cash Receipts from Sales Collected in Total Sales June May July 31 Accounts Rec. Credit sales from July May S June 1,800,000 1,500,000 1,360,000 4,660,000 $ July Totals S 0 $ 0 $ 0 $ Calculation of Cash Payments for Merchandise -Paid in July 31 Total Purchases June Purchases from July Accounts Pay 5 July Total 480,000 520,000 1.000.000 $ 5 0 S 0 0 Cash Budget >