Jack's Jack Company Sales for July, August, and September are expected to be $200,000 $20,000, and $100,000, respectively Al sales are on account and are cotected 0% in the month of the sale and 45% in the following month the many mo bencolectibi Raw materials are purchased one month before being evaded, and a purchases and excess are paid for as incurred. The cash balance at August 1a 1710 Activities for Any August and September July August September Sales Raw materials voed Salaries $200,000 $210,000 $10,000 $40,000 $36,000 $44,000 $80,000 $80,000 $75,000 Maintenance and recars $18,000 $16,000 $1,000 Depreciation $36,000 $36,000) $36,000 $15,000 $15,000 $15,000 Dives paid $10,000 10 Payment on bonds $6,000 $8,000] 1000 Directions Prepare a cash budget for the month of August 2020 Datter clasica.or.commas.in.thepakat Dustin.the.c aceipts Jack's Jackson Company Cash Budget For Ove munts unded August 31, 2020 Cash actions July Cain cift on August sales Total Cash cep Osbursements Cash used to purchase sa mutaria's fer Sepan Cad used to pay sales Cathused to pay for mature and repoin as uned to enga