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Below is the financial information extracted from Begonia Corporation relating to annual sales activity for the financial year ending 31 December. 2017 2016 2015 Total
Below is the financial information extracted from Begonia Corporation relating to annual sales activity for the financial year ending 31 December. 2017 2016 2015 Total Sales (RM) 600,000 640,000 660,000 Cash Sales (%) 55 68 76 ACP (days) 38 34 28 Determine the amount of accounts receivable for the three financial years. Answer o 2017: RM270,000, 2016:RM204,800, 2015: RM158,400 o 2017: RM63,3333, 2016:RM60,444.44, 2015: RM52,888.89 2017: RM28,500, 2016:RM19,342.22, 2015: RM12,320 o 2017: RM600,000, 2016:RM640,000, 2015: RM660,000
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