QUESTION 2 (20) REQUIRED Use the information provided below to prepare the Cash Budget of Project M for June, July and August 2020. (Note: Use separate monetary columns for each month. A total column is not required.) INFORMATION The management accountant of Remax Limited prepared the following forecasted sales schedule of Project M for the five months ended 31 August 2020: April R100 000 May R130 000 June R150 000 July R160 000 August R210 000 Additional information 1. Cash sales usually comprise 70% of the total sales. 2. The Read More …