REQUIRED Use the information provided below to prepare the following for August and September 2002 : 4.1 Dettors Collection Schedule (4 marks) 4.2 Cash Budget (16 marks) INFORMATON The following information was provided by Ortando Enterprises: 1. The bank balance on 31 July 2023 is expected to be RBO 000 (favourable) 2 The expected sales are as follows: 3. Customers who purchase for cash are entitled to a \5 discount. Colections from credt sales are expected to be as follows: \3.120 in the month of sale, and these debtors receive a \2 discount \32.80 in the month after the sale 4. The expected ourchases (excludina discounts) are as follows: 5. A discount of \10 is recenable on all cash purchases. Creditors are paid two months after the month of purchase. 6. The proprietor's cash drawings will amount to R20000 for September 20023 7. The monthly salares amourt to R120 000. Salaries will increase by \7.5 with effect from 01 September 2023. 8. The fral instaiment on the ban, R12000, together wth interest at \18 p a br ore month will be paid at the end of August 2023. 9. A vehicie will be purchased during August 2023 for R400 000 . A deposit of \20 will be paid during August 2023. The balance of the loan plus interest of R71 400 will be paid in 36 equal monthly instaiments from Seplember 2023. 10. Cash operating expenses are expected to amount to R80 000 for July 2023 and are expected to incraase by \2 per month thereater