All Purchases Are On Credit. 75% Of The Purchases Will Be Paid During The Month Of Purchase And 25% Will Be Paid During The Ensuing Month. A Trade Discount Of 4% Is Allowed By Suppliers On All Payments During The Month Of Purchase. 7. The Expected Closing Inventory For Each Month Is 4 000 Units Plus 10% Of The Ensuing Month's Sales. Provisional Tax Of

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6. All purchases are on credit. 75% of the purchases will be paid during the month of purchase and 25% will be paid during the ensuing month. A trade discount of 4% is allowed by suppliers on all payments during the month of purchase. 7. The expected closing inventory for each month is 4 000 units plus 10% of the ensuing month's sales. 8. Provisional tax of R200 000 must be paid on the 28th February 2019. Required: Prepare the cash budget of Pillay Limited, in columnar form for January and February 2019. Show all calculations.