4.1 Show the amounts for the following transactions in the appropriate columns for the Cash Budget and the Projected Statement of Comprehensive Income in the ANSWER BOOK: 4.1.1 A computer costing R26 400 will be purchased for cash on 1 July 2023 - NSC Accounting - Question 4 - 2023 - Paper 2

In the Cash Budget, the fixed deposit will appear in the Payments column as R90 000. The interest earned at the end of each month can be calculated as follows:

Interest per month = ( \frac{9}{100} \times R90,000 \div 12 = R675 ) This amount will feature in the Receipts column of the Cash Budget.

The Debtors' Collection Schedule for July 2023 should be completed by calculating collections based on the previous month's credit sales, taking into account percentage collections. For example:

• If 20% of July credit sales are collected in July, and July sales are R931,000, then collections would be R186,200.

For (i), Cash sales for July 2023 can be calculated using the formula:

Cash Sales = Total Sales - Credit Sales = R1,330,000 - R399,900

For (ii), the Loan amount in June 2023 can be determined based on given assumptions, yielding R600,000.

For (iii), Payment to creditors in July can be calculated as follows: Payment = R910,000 x 80% = R728,000.

The percentage increase in salaries can be calculated using the formula:

[\text{Percentage Increase} = \frac{\text{New Salary - Old Salary}}{\text{Old Salary}} \times 100 = \frac{182,320 - 172,000}{172,000} \times 100 = 6%]

This indicates a 6% increase for workers in July 2023.

1. This increase may offset the effects of rising living costs, thereby improving the workers' quality of life.
2. A higher salary could enhance morale and motivation within the workforce, leading to increased productivity.

The effectiveness of the advertising can be gauged by examining the sales figures during the advertising campaign. If sales increased by 15% following the campaign compared to the previous month, this indicates effectiveness. For instance, if sales were originally R1,000,000 and increased to R1,150,000, the calculations confirm success.

Alice's control over delivery expenses can be justified if costs are consistently lower than budgeted. For example, budgeted expenses were R54,100, but actual expenses came to R45,000, demonstrating effective control.

For Vehicle 1, high maintenance costs of R9,500 indicate a potential issue that could require budget adjustments. For Vehicle 2, irregular servicing costs raise concerns, as each service is R8,000, potentially resulting in unexpected expenses. These examples illustrate the financial implications clearly.

1. Implement a regular maintenance schedule to minimize emergency repairs, thereby reducing costs.
2. Train drivers on efficient driving practices to better manage fuel consumption and reduce overall expenditure.