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Answer question a,b and upload file (show all working) * From the following data forecast...

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Accounting

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Answer question a,b and upload file (show all working) * From the following data forecast the cash position at the end of Jan. FEB and March 2023 Further information 1. Sales at 20% realized in the month of sales. Balance equally realized in two subsequent months. 2. Purchase: Creditors are paid in the month of supply. 3. Wages: 80% paid in the following month. 4. Sales expenses are paid in the month sales. 5. Income tax $30,000 payable in Feb 2023. 6. Dividend $12,000 payable in December 2022. 7. Income from investments $5,000 received half in March and April 2023 8. Cash in balance on 0112023 is $52,600 Required: a. Prepare the Cash budget for the month of January February and March 2023 (show all workings) (35 Marks) b. Analyze the Cash situation for the month of February 2023 (6 Marks)

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