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The Target Sales Co. which is a wholesale trading company, had the following Sales and...

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Accounting

The Target Sales Co. which is a wholesale trading company, had the following Sales and Purchases for the first
3 months of the year:
Sales and Purchases projections for the next 6 months are as follows:
Expenses are 40,000 per month except in July when holiday pay of 10,000 increases the total to 50,000. The
expenses comprise the following:
The cash proceeds from the sale of an asset for 120,000 are expected to be received in June.
10% of the sales are for cash and the remainder on 2 month's credit.
1 month's credit is expected to be received in respect of purchases.
At the end of March the Company had an overdrawn balance of 25,000 at the bank.
Required:
Prepare a Cash Forecast for each of the 6 months ended September.
I have the solution to this question but I just want to know how some of the figures are calculated
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