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Cash Budgets Oa 31 March 2021 the ansets and liabilities of LET traders were as follows. WA Traders has supplied you with the following additional information. a Credit sales, actual and expected, for the months from January to June 2021: Accounts receivable are usually collected as follows: - 30% in the month following sale - 50% in the second month following the sale - 20% in the third month following the sale Queblon cealinued cempenies) to ile huainest e. Credit purchases, actual and expected, for the monds froen Janusy bo Juse 2021: Accounts payable are setied in the month foliowing the parchise of the inventory: f. Wages paid are expected is be 512100 in Apel, 313600 in May and 512000 in June 2021 . Accrued wapm on 30 June 2011 aboald be 5600. E. Other cash expenves of the batinews should be 57500 per moeth. h The motor vecucle owsed by the trasinemis depeociated at the nate of 25% per annum using the Straight-line method. i. Cash drawings of the owner ahould be $13900 ia June 2021 . j. feat pajd is 58000 , payable every six months in as suance. The neat payment is due in April 2021. Required DEBTOR'S COLLECTION PROJECTION CREDITOR'S PAYMENT PROJECTON Cash Beaderta. LkTfradere