PLEASE ANSWER ALL SUB-QUESTIONS AND EXPLAIN STEP BY STEP, PLEASE INCLUDE FORMULAE IN CORRECT FORMAT NOT COMPUTED VERSIONS, PLEASE INCLUDE NOMENCLATURE FOR ALL FORMULAE USED. THANK YOU FOR THE ASSISTANCE! ** PLEASE ANSWER THE ENTIRE QUESTION UNTIL THE END*** QUESTION FOUR [20] The following information pertains to Orange Traders for three months ended 31 May 2022. Additional Information: 1) It is expected that debtors will settle their accounts as follows: - 20% in the month of sale - 70% in the month after the month of sale, and - 5% in the second month after the month of sale 2) The remaining 5% is usually written off as bad debts. 3) Trade creditors are paid in the month after the purchases at a discount of 5%. 4) 50% of the salaries and wages are weekly wages. Because wages are paid weekly, usually 10% of the wages are paid in the month following the month in which they were incurred. 5) Expenses are paid as they arise. 6) The favourable bank balance on 1 April 2018 was R21000. Required: Prepare the Cash Budget of Orange Traders for April and May 2022. Show all workings. (20) PLEASE ANSWER ALL SUB-QUESTIONS AND EXPLAIN STEP BY STEP, PLEASE INCLUDE FORMULAE IN CORRECT FORMAT NOT COMPUTED VERSIONS, PLEASE INCLUDE NOMENCLATURE FOR ALL FORMULAE USED. THANK YOU FOR THE ASSISTANCE! ** PLEASE ANSWER THE ENTIRE QUESTION UNTIL THE END*** QUESTION FOUR [20] The following information pertains to Orange Traders for three months ended 31 May 2022. Additional Information: 1) It is expected that debtors will settle their accounts as follows: - 20% in the month of sale - 70% in the month after the month of sale, and - 5% in the second month after the month of sale 2) The remaining 5% is usually written off as bad debts. 3) Trade creditors are paid in the month after the purchases at a discount of 5%. 4) 50% of the salaries and wages are weekly wages. Because wages are paid weekly, usually 10% of the wages are paid in the month following the month in which they were incurred. 5) Expenses are paid as they arise. 6) The favourable bank balance on 1 April 2018 was R21000. Required: Prepare the Cash Budget of Orange Traders for April and May 2022. Show all workings. (20)