5 (20 Marks) REQUIRED Use the information prowided below to prepare the following for July and August 2024: 5.1 Debters Colection Schedula (4 marks) 5.2 Cash Budget. (16 marks) INFORMATION The following information was provided by Miller Enterprises: 1. The balance in the bank on 30 June 2024 is expected to be R50 000 . 2. Budgeted sales (excluding discounts) are as follows: May 2024 June 2024 July 2024 Cash sales R340000 R360000 R320000 R400000 Credit sales R380000 R460000 R440000 Twenty percent (20%) of the cash sales is subject to a discount of 10%. Credit sales are normally collected as follows: 60% in the month of the sale, and these customers are entitled to a 5% discount. 40% in