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cash budgetLast sentence-"remained in the month following the purchase "

The Bank balance on 01 June 2020 is R284 400 (favourable balance). 30% of the total sales are for cash and the remainder are credit sales. Actual / estimated total sales are as follows: 0 - April 2020 (actual) R520 000 0 May 2020 (actual) R440 000 0 June 2020 (estimate) R800 000 0 July 2020 (estimate) R850 000 Cash customers receive a 5% discount for paying in cash The past has revealed that debtors settle their accounts according to the following pattern:- 0 75% in the month of sale 0 20% in the first month after the month of sale 0 Remainder is never collected Salaries and wages are R200 000 per month except in July when, in addition to the normal salaries, bonuses of R80 000 are also paid. Sundry expenses are R75 000 per month. Rent expense is R35 000 per month, however, in the month of July there was a 15% increase. Salaries and wages, sundry expenses and rent expense are all paid in cash however, sundry expenses include R24 000 per month for depreciation. Paid a deposit of R30 000 in July in cash for the year end function. Purchases of inventory constitute 50% of monthly sales and are paid as follows: 60% in the month of purchase and the remained in the