g cash ry, Miss Suzana owns a florist shop. She wants to prepare a cash budget showing expected cash re- ceipts and payments for the month of February, and the cash balance expected as of February 28, 2018. The following data can be used to develop the cash budget. (Continued)

Miss Suzana owns a florist shop. She wants to prepare a cash budget showing expected cash receipts and payments for the month of February, and the cash balance expected as of February 28 , 2018. The following data can be used to develop the cash budget. - Planned cash balance, January 31:RM8,000. - Accounts payable of RM9,200 as on January 31, 2018. - Bank note of RM5,000 plus RM500 interest due February 15. - Accounts receivable of RM10,200 as on January 31, 2018. - Sales for February: RM20,000, half collected in month of sale, 30% in the next month, and 20% in third month. - Goods purchases for February: RM12,000, 60% paid in month of purchase, and 40% in the next month. - Accrued sales tax for February of RM1,000, payable in March. - Other expenses for February, payable in February: RM1,200 - One-year insurance policy due February 2 for renewal: RM800 to be paid in cash. - Payrolls due in February: RM4,200. - Depreciation for February: RM1,500 Instructions Prepare the cash budget