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E 8 - 1 8 ( Algo ) Preparing Cash Receipts and Cash Payments Budgets [ LO 8 - 4 ] Martin Clothing Company is

E8-18(Algo) Preparing Cash Receipts and Cash Payments Budgets [LO 8-4]
Martin Clothing Company is a retail company that sells hiking and other outdoor gearspecially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year:
\table[[,,,Cash Expenses],[Month,Sales,Purchases,Paid],[May,$95,000,$69,000,$19,000
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