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Lehong ( Pty ) Ltd is preparing its cash budget for the period April 2 0 2 4 to June 2 0 2 4 and

Lehong (Pty) Ltd is preparing its cash budget for the period April 2024 to June 2024 and you have received the following information:
All items are delivered in the month an order is placed and all customers pay a 10% deposit at the time of placing an order.
The expected total sales for April 2024 and May 2024 are R155000 and R180000 respectively.
Cash sales amount to 70% of total sales after deposits and the remainder relates to trade debtors, who pay a month later.
The total trade debtors' outstanding balance at the end of March 2024 is expected to be R80000.
The total receipts from customers to be included in the cash budget for May 2024 is:
Select one:
a.
R131400
b.
None of the options
c.
R173250
d.
R126000
e.
R167850

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