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A. R350 000 B. R105 000 C. R212 000 D. R317 000 you with the following budgeted sales: April May June July Credit sales R320
A. R350 000 B. R105 000 C. R212 000 D. R317 000
you with the following budgeted sales: April May June July Credit sales R320 000 R300 000 R350 000 Cash sales R70 000 R80 000 R90 000 R70 000 Collection of credit sales are as follows: 30% in the month of sale. 60% in the month following the month of sale. The remainder in the second month following the month of sale. There are no bad debts. The budgeted cash collection from customers for June would be: R400 000Step by Step Solution
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