Difference between cash budget and income statement?

The balance sheet of Phototec, Inc., a distributor of photographic supplies, as of May 31 is given below: PHOTOTEC, INC, Way 31 Assets Cash $ 8,000 Accounts receivable 72,000 Inventory 30,000 Buildings and equipment, net of depreciation 500,000 Total assets $610,000Liabilities and...

Government accounting

The CEO of Kingston Cart Inc. Asked the Chief Financial Officer to prepare a Master Budget for the next three months, beginning July 1, 2010. The company's policy is to maintain a minimum cash balance of $6,000 at each month end. Sales are forecasted at an average selling price of $70 per cart....

I need to prepare a budget for the months of JUly and august. A.purchases budget B. Budgeted income statement C. Budgeted cash flows Expected sales: June $300,000 July $400,000 August $450,000 September $500,000