The first picture says " projected sales to be 902,000 in October, 966,000 in November, 1,045,000 in December, and 926,000 in January. Sales are 25% cash and 75% credit, The companies collection history indicates credit sales are collected as follows:

30% in the month of the sale, 60% in the month after the sale, 8% two months after the sale, and 2% is never collected.

Round Roots, a manufacturerschoenen en contracte, peolected to be 38.000 in October, 20.000 timer. 48.000 nenter we 000 dinary Pro * 270 cand went 75% . The 30% in the more 00% in mother to O two more the 2 wereld Requirements 1. Prepare a budet for at four monthng the one hundreds 2. Prepare a cash colection budget for December and Jerry Roundup to Requirement 1. Prepare a sales budget for all four months, showing the breakdown between cash and credit sales Rovniak Reede Sales Budget For the Four Months Ended January October November December January Cash sales Credit sales Total sales Requirement 2. Prepare a cash collection budget for December and January. Round all answers up to the nearest dollar, Rovniak Roeds Budgeted Cash Collections from Customers Rovniak Reeds Budgeted Cash Collections from Customers For the Months of December and January December January Cash sales Collection of credit sales: 30% of current month credit sales 60% of prior month credit sales 8% of credit sales two months ago Total collection of credit sales Total cash collections