Question $1$

Romeo Lindo, the management accountant at "Woods Household Supplies" is in the process of planning the company's cash needs for the last quarter of $2016.$ Extracts from the sales and purchases budgets are as follows:

$\backslash$table$[[\backslash$table$[[$Month$],[2016]],\backslash$table$[[$Cash$],[$Sales$]],\backslash$table$[[$Sales$],[$On$],[$Account$]],\backslash$table$[[$Purchases$],[$On$],[$Account$]]],[$August$,$$$71,000,$$$520,000,$$$420,000$