Q3. (a) Syarikat Ceria has a cash balance of RM25,000 at the beginning of August Month Cash sales Credit sales Purchases Salaries RM RM RM RM August 64,000 54,200 10,000 September 72,000 60,200 10,000 October 30,000 80,000 70,000 10,500 November 32,000 90,000 79,000 10,500 December 35,000 100,000 75,000 11,000 Fixed Overhead RM 28,000 28,000 28,000 30,000 30,000 Additional information: Credit sales are settled as follows: 30% in the month of sale, 50% in the next month and 18% in the following month. The balance represents bad debts. Creditors give 1-month credit for payment. Salaries are paid in the current month. Fixed costs are paid 1 month in arrears and include a charge for depreciation of RM3,000 per month Question 3. (a) (Continued) Required: Prepare a cash budget for the month of October, November and December. (20 marks)