Prepare the Cash flow budget for Gitsalina for December $2023$ and January $2024.$
 

[25] The following information relates to Gitsalina (pty) Itd for the three months from November 2023 to 31 January 2024: Sales (80% on credit) Purchases (25% for cash, 75% on credit) Salaries and other employee benefits Administration expenses Selling and expenses distribution Actual November R 1 200 000 1 000 000 85 000 30 000 10 000 December R Budgeted 1 500 000 1 100 000 95 250 35 000 12 000 January R 1 800 000 1 200 000 110 750 40 000 15 000 Additional information. Debtors settle their accounts as follows: 30% in the month of sale, 60% in the month after the month of sale, and 5% in the second month after the month of sale while the remaining 5% are considered as bad debts.