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F H I K L M N Question 1 Vishnu Ram Limited is into the business of wholesale pharma and provided you with the following

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F H I K L M N Question 1 Vishnu Ram Limited is into the business of wholesale pharma and provided you with the following sales information January February March 400,000 600,000 750,000 April 500,000 May 800,000 June 1,000,000 July 850,000 Aug 940,000 Their Collection plan is as follows: 50% of the Sales are collected in the Same Month 30% of the Sales are collected in the subsequent month 15% of the Sales are collected in the second month of S 5% of the sales become bad & Unrecoverable Answer Summary Collection Plan April May June July 50 30 15 5 You are required to prepare the collection plan for the month of April to July

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