1. Revenue figures for 2021 MONTHS ACTUAL BUDGETED CASH CREDIT CASH CREDIT JANUARY 18 800 75 200 FEBRUARY 12 600 50 400 MARCH 19 600 78 400 2. Credit revenues are generally collected as follows: 0 50 % in the month of invoice (these debtors receive a 5% discount) 0 30% after 30 days (in the month after sales) 0 15% after 60 days (two months after sales) 0 5% is written off as bad debtsi 14. The accountant supplied the following actual amounts for February 2021: Rent income 1 000 Drawings 3 210 Bank charges 525 Maintenance of buildings 3 780 Required: 2.1 Calculate the percentage of goods sold on credit during February 2021. (2) 2.2 Calculate the amount that the business expects to receive from debtors during March 2021. 2.3 Prepare the Cash Budget for March 2021. (5) (17)