Cash Budget Prepare a cash Budget of KPR. LTD. for April, May and June 2021: Months Sales (OMR) 8000 Purchases (OMR) 4500 4000 Wages (OMR) 2000 1800 2200 Expenses (OMR) 500 8000 600 7500 4200 600 January February March April May June 9000 5000 2400 700 600 2000 8500 8000 4500 3500 1800 500 Additional Information: a. 60% of the sales is cash sales and period of credit allowed to customers is two months b. 50% of purchases is for cash and suppliers have allowed credit of one month c. Delay in payment of wages one month. d. Lag in payment of expenses: two months e. Cash balance on April 1,2021 may be assumed to be OMR 1500