XX Bhd is about to prepare a monthly cash budget for the upcoming 3 months (from January to March 2020). The following transactions are recorded:

• About 60% of sales are collected 1 month after the sale and the remainder is collected in the second month following the sale.
• The company purchases are 80% of future sales forecasted. These are made 2 months in advance of expected sales.
• Payments for these purchases are made in the next month after purchase.
• Other expenses such as monthly wages and salaries are estimated at 5% of monthly forecast sales.
• You are required to complete the 3-month (January, February, and March) cash budget below for HYD company. Note: Provide answers ONLY for coloured boxes A to X

	November	December	January	February	March	April	May
Sales	50,000	60,000	70,000	85,000	98,000	100,000	110,000
Purchases	56,000	68,000	A	I	Q
Cash receipts / collections
Sales collected after one month			B	J	R
Sales collected after two months			C	K	S
Total cash receipts			D	L	T
Cash disbursements
Payments for purchases			E	M	U
Wages and Salaries			F	N	V
Total cash disbursements			G	O	W
Net change in cash			H	P	X