You are provided with information relating to Dodo's Enterprises for the two months ending $31$

January $2023.$ Mrs Gomo owns the business. The business has overdraft bank facilities of R $50000.$

Sales and Cost of Sales

$\backslash$table$[[,$Actual Sales,Budgeted Sales,Cost of Sales$],[$October $2022,140000,,85000],[$November $2022,160000,,100000],[$December $2022,,180000,125000],[$January $2023,,220000,165000]]$

$20\%$ of the total sales are on credit.

Debtors are expected to pay their accounts as follows:

$70\%$ in the month following the month of the sale.

$-28\%$ two months following the month of the sale.

$2\%$ is to be written off in the third month following the month of the sale.

A fixed level of trading stock on hand is maintained throughout the year through replacement monthly.

Purchases of stock:

$65\%$ of all stock is bought on credit.

Creditors are paid in full in the month following the month of purchase to qualify for a $5\%$ discount.

It has been agreed that the owner Mrs$.$ Gomo, will take unused equipment at book value in January for her own use, worth R$2000.$

R$150000$ was invested in fixed deposits with Tar Bank on $1$ November $2022.$ Interest is received monthly at $12\%$ per annum; half of these fixed deposits matures on $31$ December $2022.$ The rest matures in February $2023.$

$1$

Rent of R$12000$ is payable to Shaky$-$Shaky Providers at the start of each month. This will be increased by $10\%$ with effect from $1$ January $2023.$

Total salaries for November $2022$ amounts to R$22000.$ One employee, who earns R$2500$ per month, will leave the business at the end of November $2022.$ The salaries of the remaining employees will be increased by $10\%$ with effect from $1$ January $2023.$

A vehicle with a carrying value of R$65500$ will be traded$-$in at book value on $1$ December $2022$ for a new vehicle costing R$175000.$ A deposit of R$4500$ will be paid on $1$ December $2022$ and the balance of the outstanding amount will be paid in six equal instalments commencing $1$ January $2023.$

The bookkeeper is paid a monthly fee of R$2500.$

Other operating expenses were R$8500$ for November. These expenses are expected to increase by R$750$ each month thereafter.

The business has an overdraft of R$21000$ at the beginning of December $2022.$ Interest is calculated by the bank on the balances at the beginning of each month. Provide for interest at the following rates $($calculations to the nearest $R.)$:

Unfavourable balance: $2\%$ per month.

Favourable balance: $1\%$ per month.

Required:

$1\mathrm{.}1$ Debtors Collection Schedule for the period $1$ December $2022$ to $31$ January $2023.(10)$

$1\mathrm{.}2$ Cash budget for the period $1$ December $2022$ to $31$ January $2023.$