Xfx Credit sales account for 70% of the monthy sales and are collected one month after the sale. A Cash Budget B D E F Sales for Blue Bill Corporation are projected as follows for the months of June through November: June July August September October November $200,000 200,000 200,000 300,000 500,000 200,000 Credit sales account for 70% of the monthy sales and are collected one month after the sale. Other receipts for October are $50,000. Variable disbursements are 60% of sales each month. Fixed disbursements are $10,000 each month. $80,000 should be included in August for taxes. The company is obligated to make a $400,000 debt repayment in November. Beginning cash in June is $50,000. Desired ending cash each month is $10,000. Complete the monthly cash budget for Blue Bill Corporation for June through November. Blue Bill Corporation Cash Budget B Sales Cash sales O Collections Other Receipts 2 Total cash receipts Forecasting eady Accessibility: Unavailable Cash Budget June $200,000 60,000 July $200,000 60,000 August September $200,000 60,000 $300,000 90,000 October $500,000 150,000 + H J K November $200,000 These amounts were given 60,000 The cash sales are 30% of monthly sales be Leave the collections amount blank for June They tell us Other Receipts for October are $ DO NOT ADD SALES. Only add the totals of ca