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Question 3.1 12 Use the following information provided by Viking Enterprises to prepare te folosing tray and February 2012 Debtors Collection Sches de marks Cash Budget [18 mala) INFORMATION The following information was provided by Viking Enterprises et depression de ce budget for the first two months of 2027 1. A bank overseat of Rs000 is expected on Of January 2022 2 Forecasted credere as follows January 2022 February 2002 R130000 R210.000 3 4 . Cedt sales cualy make up 60% of the stal sales. Cash sales makes the balance Cred sales are normaly colected as follows: 2 more in the transaction takes place. These debes team 79 in the following more The rest is say writer off as bad debe Budgeled purchases d'intentory are as follows December 2011 January 2012 2022 Credit purcha RES000 Cash purchases RADO R70000 - 9 R0000 RS2000 Viking Enterprises expects a discount of 10% on hall the cash purchases Creditors ce credit forms of 30 days which are there is The salaries te February 2002 are expected to amount to RS5 089.ter til komme les dect from 01 February 2022 1 stores paysay The boy 2022 expected to be R200 000 and capital payments of R10 000 are made at the end of each month 8 Part of the building is set to a tenant. The rest for the year ended 31 December 2001 amounts to A85500. There arement, which came into effect during 2018 deretuid increase by 10% on 01 February each your 8. Part of the building is sublet to a tenant. The rental for the year ended 31 December 2021 amounts to R65 500. The rental agreement, which came into effect during 2019, stipulated that the rental would increase by 10% on 01 February each year. 9. Other operating expenses amount to R10 000 per month. This amount includes R2 000 for depreciation. Operating expenses are paid for in the month in which they are incurred

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