Pickup Trucks Company, the cash budget in this example will be prepared on a quarterly basis. In addition to the information in the budgets previously prepared, the following information is needed to complete the cash budget. a. The company's sales are all made on credit, with 70% of the balance collected in the month of the sale and 30% in the month after the sale. The budget from December to March were as follows: December $225,000 January $300,000 February $420,000 March $600,000