Question: 4 (20 Marks) REQUIRED Use the information given below to prepare the following for the first three months of operations (i.e. July, August and September

4 (20 Marks) REQUIRED Use the information given below to prepare the following for the first three months of operations (i.e. July, August and September 2023): 4.1 Debtors Collection Schedule (5 marks) 4.2 Cash Budget (15 marks) INFORMATION The following budgeted information relates to Oscar Limited that will commence business on 01 July 2023: 1. An amount of R800 000 is expected to be banked on 01 July 2023 from the sale of ordinary shares to the public. 2. New machinery and equipment will be purchased on 02 July 2023 for R400 000. A deposit of 25% will be paid immediately and the balance plus finance charges of R60 000 will be paid in five equal monthly instalments commencing

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