Heidi Pedersen, the treasurer for Wood Products, Inc.

All credit purchases are paid in the month after the purchase.

• a.Complete the cash budget for Wood Products for the next three months.
• b.Heidi knows that the cash budget will become a standard report completed before each quarter. To help reduce the time preparing the report each quarter, she would like a memo with the appropriate information in Excel linked to the memo. Prepare a memo to Justin that will automatically update when the values are changed in Excel

To:From:Date:Subject: Preparation of Cash BudgetWe have prepared the cash budget for three months by calculating the Cash receipts from customersand cash disbursements made for purchases,...