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ing for Decision Making | Semester 1, 2021 Records et cycling Ltd contain the following data Opening bank balance 535,000 May $50.000 70.000 80,000 Purchases
ing for Decision Making | Semester 1, 2021 Records et cycling Ltd contain the following data Opening bank balance 535,000 May $50.000 70.000 80,000 Purchases $20.000 30.000 25,000 Mily All sales are on credit. Records show that 80% of the customers pay during the month of the sale 15% pay in the month after the sale, and the remaining 5% pay in the second month after the Purchases are all paid the following month at a 1% discount Cash disbursements for operating expenses in July were $8.000 REQUIRED Prepare a chudget for uly (10 mars 1 31 1 pe bere to search o RI c 0
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