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Wafa Salim traders have provided the following information and you are requested to prepare cash budget for the months from October 2020 to December 2020

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Wafa Salim traders have provided the following information and you are requested to prepare cash budget for the months from October 2020 to December 2020. (25 marks) Month October November December (Amount OMR) (Amount OMR) (Amount OMR) Sales 30,000 50,000 70,000 Marketing expenses 20,000 30,000 40,000 Office expenses 10,000 10,000 12,000 Salary 5,000 5,000 3,000 Additional information: a) Cash balance at the beginning of October 2020 is RO. 30,000 b) All sales is cash sales c) Marketing expenses are settled in the next month