D Check Your Wok D ezto mheducation.com/hmtp Question 22 jof 23 0.50 points Pau\

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D Check Your Wok D ezto mheducation.com/hmtp Question 22 jof 23 0.50 points Pau's Pool Service provides pool cleaning, chemical application and pool repairs for nesidenial ustomens Clents ne biled weky for services lees in the month the service is provided. In the month ollowing service, Paul cllects 25 pencent of service foas The nal 5 percent is cocd in the second ordh puntsses his suppiesonoodt, and pays 50 pocent i,?? month of he used in the month of puchase, and the remainder is used in the month tolowing purchase provided and usually pay 70 percent of thair puschase and the remaining 50 penoent in the month fallowing punchase Of the supplies Pal purchases 85 percent is The folwng information is availabie for the moniths of June, July and August,which are Pau's busiest months June 1 cash balance $17,000 a June 1 supplies on hand $4,800 June 1 accounts neceivable $9,600 June 1 accounts paryable 54 500 Extmated sales for June. My and August aro S28,800, S43200. 8nd $46,000, Sales duting May were $26,800, and sales during Apeill were $19.200 : Evirmuled pudhaos to une and Auust ne $10 800 20,200,and $14,400, resvey Purchases in May were 55,800 .Compute budgeted cash necegts and budgeted canh payments for each month 2 Compute the EE ]?????? 0 retu command option* option command

Explanation / Answer

Workings

June July August Budgeted Cash Receipts 27820 38780 44440 Budgeted Cash Payments 8200 15400 17300

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