Question
Aman Enterprises has three subsidiaries in each of the zones of the country. Given the following information about the subsidiaries, calculate the cash collected from
Aman Enterprises has three subsidiaries in each of the zones of the country. Given the following information about the subsidiaries, calculate the cash collected from customers for each of them. Subsidiary in North Zone: Sales during the year: 12,50,000; Opening and Closing accounts receivables: 14,500 and 18,750 respectively. There was no opening unearned revenue, but closing unearned revenue was 9,800.4 Subsidiary in West Zone: Sales during the year: 18,40,000; Opening and Closing accounts receivables: 1,10,500 and 98,750 respectively. Opening and closing unearned revenue: 39,400 and Nil respectively. Subsidiary in South and East Zone: Sales during the year: 8,10,000; Opening and Closing accounts receivables: Nil and 5,250 respectively. There was no opening unearned revenue, but closing unearned revenue was 2,200.
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