onboard Gmail YouTube Videos of Notes Desmos Classroom PH4 Energy 1 week Question 1 1 pts The following are the actual results for May and June and budgeted results for July August and September of Aqua Pty Ltd. May June July Aug Sep Total $45000 purchases $48000 $46000 $47000 $44000 Total sales $80000 $77000 $81000 $85000 $82000 Purchases are paid for 70% in the month of purchase and 30% in the following month. Purchases are invoiced on the last day of the month. Other costs amount to $34,500 per month are paid in cash. 15% of sales are cash sales. Credit sales are invoiced on the last day of the month. Of the credit sales, 65% are collected within one month of the invoice date and the remaining are collected during the second month after invoice date. The cash balance on 30 June is $12,495. The desired cash balance of the business is $13,000. If the business will be short of this, then it can take a bank overdraft and when the business will have sufficient cash balance t will pay off its liabilities. Required: SAMSUNG onboard Gmail YouTube Videos of Notes Desmos Classroom PH4 Energy 1 week Question 1 1 pts The following are the actual results for May and June and budgeted results for July August and September of Aqua Pty Ltd. May June July Aug Sep Total $45000 purchases $48000 $46000 $47000 $44000 Total sales $80000 $77000 $81000 $85000 $82000 Purchases are paid for 70% in the month of purchase and 30% in the following month. Purchases are invoiced on the last day of the month. Other costs amount to $34,500 per month are paid in cash. 15% of sales are cash sales. Credit sales are invoiced on the last day of the month. Of the credit sales, 65% are collected within one month of the invoice date and the remaining are collected during the second month after invoice date. The cash balance on 30 June is $12,495. The desired cash balance of the business is $13,000. If the business will be short of this, then it can take a bank overdraft and when the business will have sufficient cash balance t will pay off its liabilities. Required: SAMSUNG