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Table below lists data from the budget of Ritewell Publishers. Half the company's sales are for cash on the nail; the other half are paid
Table below lists data from the budget of Ritewell Publishers. Half the company's sales are for cash on the nail; the other half are paid for with a one-month delay. The company pays all its credit purchases with a one-month delay. Credit purchases in January were $30, and total sales in January were $180. The company wishes to keep 20$ each month as cash. Complete the cash budget for the company as well as the ending cash balance for the next 3 months.
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