Pasadena Candle Inc. pays 40% of its purchases on account in the month of the purchase and 60% in the month following the purchase. If purchases are budgeted to be $40,000 for August and $36,000 for September Prepare a simple cash budget for Pasadena Candle Inc. Pasadena Candle Inc. Schedule of Cash Payments for Purchases For the Month Ending September Total payments for purchases on account For the Month Ending se Estimated beginning inventory, September Estimated ending inventory, September Expected units to be sold Payments for September purchases Payments for September sold