please show me how you would get the credit sales figures for fhe quarter
Mddinivnal informunion. month following sale. 2. The credin iale for November 2023 was 514,000,000. 3. Inclading ia the Novemiter 2023 eredit sales is a crodir sale no Hind Lack Limined. The company (Hied Lack Limited) purchayed sion, 000 prods ce Nevernber 1, 2023. A notice it the newnporer on December 1, 2023, indicated that a loan erodhor of the conpany lad placed the compary inte rexivenhip. 4. Credit parchases are paid for in the moeth following purtase. 5. The company is expected to iaves $12,000,000 on fixed deposit for six months on December 1, 20023, The conpary will receive a 5S nate of retum per ansum. The interest incoene will be roceived monthly. 6. A boous of 2$ of total sules Sor Deceniber 20023 will be peid us tuff metnien in Janury 2004. 7. Salaries, utilities, propenty taxes, inaurases, abvertining, and ober experses are paid in the mondh fecurred. Paee 2 8. Financial instinatiots charge ao perality fie paying a loan before the due liquidates its invetment carly. 9. Satatory dedactiona are paid for is the month followine the parmoll dodustions. Corposatice tax for 2004 is estimated at 51,200,090 and is mormally paid on a quarterly bais. The fint payment is nonmally made on Manch 31. 19. The closing cast and bank balanoe on December 31,2023, is expected in be 59,000000 . 11. The conpany wants to purchane computer equigment eovitite $5.000,000 in April 2024. The Managine Director wanta to obtain an encrdrat to the parchase of the coalputer equipmeat. 12. The company's Statemets of Financial Position seveak a loan amourting is 54,000,000 on an interest rate of 10N per anmun. The loas is wo be repaid oa Fethary 28, 2024. The compasy peys the interast expeses minithly. Required: (1) Prepare the ead badget for the quarier ending Macth 31, 2004. Round all calculatioes wo the nearest 5 vo0 (6 markis)