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BDL plc is currenlly preparing ils cast budget for the year lo 31 March 20x8. Ar extract from ils sales budget for the same year
BDL plc is currenlly preparing ils cast budget for the year lo 31 March 20x8. Ar extract from ils sales budget for the same year shows the following sales values. $ March 60,000 April 70,000 May 55,000 Junc 65,000 40% of its sales are expected to be for cash. Of its credit sales, 70% are expected to pay in the month aller sale and lake a 2% discuunil; 27% are expected lo pay in the second monilt aller the sale, and the remaining 3% are expected to be had debts. You are required to calculate the sales receipts to be shown in the cash budget for May and June 20x7
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