QUESTIONFOUR [25] You are provided with the following information for Yeda Projects Ltd: The anticipated revenue figures for the last three months of the year are as follows: 1. Credit revenues are as follows a. 45% of revenue are collected in the month of the invoice and 40% the following month and 15% gets written of as bad debts. b. 100% of sales are on credit. c. September revenue amounted to R100 000 . 2.. All purchases are on credit and are paid 30 days after purchases have been made Inventories are kept constant by replacing goods as they are sold. A mark-up of 50% on cost is maintained. 3. Operating costs amount to R120 000 annually and are paid in equal payments monthly. 4. New Furniture to the value of R30000 will be purchased for cash during December. 5. Water and electricity cost R3 000 per month and are expected to increase by 10% in December. 6. Salaries and wages are reviewed on 31 October annually. The manager's salary will increase by 10% with effect from 1 November, his current salary is R10 000. 7. The Bank account showed an unfavourable balance of R2000 on 31 September. Required: 4.1 Prepare a debtors schedule for the months of October, November and December. (6) 4.2 Prepare a cash budget for the months of October, November and December. (19)