1. On 30 April 2020 the bank account in the general ledger reflected a debit balance of R30 000 2. Actual and expected sales at R20 per unit (excluding discounts) are as follows Dancription Actual Budgated June (units) April (Units) May (units) 5 000 7 000 4 000 Cash sales Credit sales 6000 3. A discount of 10% is given to customers on cash salos 4. Customers who purchase on credit usually pay one month after the sale 5. The production records for finished goods reveal the following: Details Actual Budgeted March Production costs April May Juno R R R R 40 000 36 000 34 000 35 000 Direct material Direct inbour 20 000 24 000 22 000 23 000 Overhonda 18 000 17 000 15 000 16 000 6. 50% of the direct material purchased bought on credit and the balance is purchased by choque. Creditors are usually paid two months after the purchase 7. Payment of overhand costs and selling and administrative couts are delayed by one month. Selling and administrative costs are as follows: April (Actual) R10 500 May (expected) R12 000 June (expected) R11 500 8. Employees involved in the production of finished goods are paid monthly 9. Khumalo Enterprises expects to obtain a long term loan of R100 000 during June 2020 required 3.1 Prepare the cash budget of Nsikayewe Enterprises for the period of 01 May 2020 to 30 June 2020