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please help me urgent i will give good rating [Total 40 marksl Adeline Sdn Bhd has engaged you to prepare its cash budget for July

please help me urgent i will give good rating

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[Total 40 marksl Adeline Sdn Bhd has engaged you to prepare its cash budget for July 2021. The following is the information extracted from its managernent report: r aseso I nses er receipts: e Investments ents: u seo van A1 sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Of direct material purchases, 40% are paid in cash in the month of purchase, and the balance due is paid in the month following the purchase. A1 other items and expenses above are paid in the rronth incurred. The cash balance on 1 July 2021 is expected to be RM60,OOO. Adeline wants to maintain a minimum cash balance Of RM50,OOO. Required: a) How much WII Adeline receive in July from the credit sales in May, June and July? (4 marks) b) I-low nuch will Adeline pay in July for the purchases Of direct material in May, June and July? (3 marks) c) Prepare a cash budget for July 2021 for Adeline Sdn Bhd. (15 rnarks)

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