November, 2014 April May June July Aug Sept 000 000 000 000 000 "000 Oct "000 Nov '000 Sales 3600 3800 4500 4800 4700 4500 4900 4500 Purchases 2400 2500 3000 3200 3200 3200 Admin/selling 300 200 150 300 200 250 Wages/salaries 500 550 600 720 450 480 Interest 300 income Taxation 300 350 3400 260 500 100 1 3100 270 520 The following additional information is available: The company will purchase a new delivery van at a cost of OMR 700,000. The vehicle will be paid for in September 2014 though delivery will take place in November 2014 The company policy on sales is that 30% of sales is for cash while the remaining are credit sales to be collected as ws: 50% of the credit sales will be collected in the month of sales. The balance of the credit sales will be collected in the month following sale. (1) The com/yy enjoyed the suppliers' policy of 20% of purchases for cash, while the balance is paid in the following month ti The calling and administration avance wonine in the indly note that you are expected to prepare a Cash budget for the 4 months ending 31 ober, 2014 question continues on the next layout box 6. (Non-anonymous question om Points)