April 300 000 Actual May 350 000 June 500 000 July 600 000 Budgeted Aug 680 000 Sept 800 000 Sales 50% of all sales are for cash, and credit sales are collected as follows: 25% in the month of sale 50% one month after the sale 20% two months after the sale 5% assumed to be uncollectible, i.e. credit losses 2. Calculate the cash sales amount expected to be received in July. (2) a) b) c) d) R300 000 R350 000 R50 000 R150 000 3. Calculate the debtors' collection portion of 50% expected to be collected in the month of August. (2) a) R150 000 b) R125 000 c) R170 000 4. d) R60 000 Calculate the debtors' collection portion of 20% expected to be collected in August. (2) a) R170 000 b) R35 000 c) R60 000 R50 000 5. Calculate the anticipated total debtors' collection amount for the month of September. (2) a) R235 000 b) R285 000 c) R330 000 R730 000 6. Calculate the total cash receipts expected to be collected for the month of July. (2) a) R730 000 b) R625 000 R535 000 R235 000