Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale

Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale

Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale\

Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale\

Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale

Past experience suggests that accounts receivable usually settle accounts according to the following pattern: ? 50% in the month following the month of sale ? 40% in the 2nd month following the month of sale ? 10% in the 3rd month following the month of sale

Cash Collection Budget Past experience suggests that accounts receivable usually settle accounts according to the following pattern: 50% in the month following the month of sale 40% in the 2nd month following the month of sale 10% in the 3'd month following the month of sale Month Sales Oct Nov Dec Jan Feb Mar Oct actual) 210,000 Nov (actual) 282,000 Dec (actual) 303,000 Jan 130,000 Feb 110,000 Mar 100,000 Total Required: Use the table above to calculate the total collection from debtors for the month January, February and March