account question

QUESTION 5 A. Gerak Bennula Sdn Bhd is preparing its budget for April 2021 and the following information is provided: The cash balance as at 1 April 2021 was RM52,000. 2. The actual sales and expected sales of the company are as follows: March RM168,000 April RED-49,600 Ma}r Rm 16,000 3. The company's policy shows that 30% of monthly sales are in cash and the balance is on credit basis. 80% of credit sales are expected to be collected wiiin the month of sale and the balance will be collected within the following month. 4. The cost of goods sold is 70% of monthly sales. The company's police set the nal inventory of commercial goods along with 40% of the cost of goods sold the following month . 6. All commercial goods are credited. 10% of the purchase is paid in the month the purchase is made and another 30% is paid within the following month. The total cost of buying commercial goods in March was RMISSJEQ T. Sales and administration expenditure is estimated at memo for April. The expenditure included depreciation of RM6,000. All sales and administrative expenses paid during the month of expenses are involved. REQUIRED TO: {a} Prepare cash collection schedule from sales for April 2021. (b) Prepare purchase budget for April 2021. {c} Prepare cash payment schedule for purchases for April 2021. {d} Prepare cash budget for April 2021