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pls answer Solar Question 2 (30 points) Yosa Ltd manufactures...

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Accounting

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Solar Question 2 (30 points) Yosa Ltd manufactures chocolate products and sells through a number of wholesalers. You are given the following information: a) Cash balance - 1 January is 44100,000 b) Sales are collected as follows - 10% immediately in the month of sale). 60% in the c) Raw material purchases cost alia per unit sold. Payments for raw materials are made following month and 25% the month after 5% of sales are treated as bad debts. 50% immediately (in the month of purchase) and 50% the month after. d) Other expenses paid amount to N200,000 monthly e) A bank loan of N3,000,000 is expected to be agreed in January and received in two equal instalments in March and May. f) A sales commission of 2% on sales is paid to salesmen monthly. with Half um quen thu Month Sales (Units) October 60,000 November 70,000 December 30,000 January 40,000 February 45,000 March 80,000 April 100,000 May 90,000 June 75,000 The expected selling price per unit is N20. Required: Prepare the Cash Budget for Yosa Ltd for period January to June

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