Requirement $1$ Prepare a cash budget for January $2021.$ Show supporting schedules for the calculation of collection of receivables and payments of account payables, and for disbursement for fixed manufactoring and operating.

ANSWER THE FOLLOWING QUESTION.

Schedule of cash collections

From the december $2020$ sales $\_\_\_\_\_\_\_\_$

From January $2021$ sales $\_\_\_\_\_\_\_\_\_\_\_\_$

Total collections $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$