lhelp 900 points E8-18 Preparing Cash Receipts and Cash Payments Budgets [LO 8-4) Martin C tourists. The fotowing informabion is avacable for severai mones of e current year nat sells ning and onver outooor gear specialily made for the desert heat tsets to nduas as wet as ocal companes that cooranate soventure getawtys in the desert for is a retai Morth Purchases 120 000 90 000 24000 160 000 50.000 145 000 38 250 August oncreat Ofthe credit saies, 40 percent ye colected rne month of sate and 60 percent are lectednTg monith Al of Marti's purchases are on account wth 55 percent paid in the month of purchase and 45 percent paid the tollowing mont