Question
A company has the following trade receivables Oct 160,000 Nov 110,000 Dec 100,000 Sales are settled as follows: 20% in the month of sale with
A company has the following trade receivables
Oct 160,000
Nov 110,000
Dec 100,000
Sales are settled as follows:
20% in the month of sale with a 5% prompt payment discount
30% in the month following the sale
50% All other months
10,000 of sales in Oct are irrecoverable Calculate the sales in December
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Cost Accounting Theory And Practice
Authors: Bhabatosh Banerjee
13th Edition
9788120349087
