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Joe Smith provides you with the following information for the coming months of January to March d out of Actual and budgeted sales and purchases

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Joe Smith provides you with the following information for the coming months of January to March d out of Actual and budgeted sales and purchases figures are as follows NOV DEC JAN FEB MAR 1 Cash Sales 115 000 125 000 80 000 100 000 Credit Sales 120 000 125 000 138 000 94 000 114 000 Cash Purchases 732 000 45 000 42 000 88 000 110 000 42 000 Credit Purchases 110 000 30 000 80 000 114 000 100 000 The amount for Receipts from Cash sales for Feb and March will be Select one: a. R100 000 and R120 000 b. R114 000 and R132 000 C. R100 000 and R 114 000 d. R80 000 and R100 000

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