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Product P (units) Product Q (units) November 1,500 2,000 December 2,000 3,000 January 1,000 2,000 February 2,000 3,000 March 3,000 4,000 Product P is sold

Product P (units)

Product Q (units)

November

1,500

2,000

December

2,000

3,000

January

1,000

2,000

February

2,000

3,000

March

3,000

4,000

Product P is sold for GH20 per unit and product Q for GH30.

All sales are on credit. Twenty percent of total sales are paid for in the month of sale, and 40% in the following month. The rest, excluding bad debts, are paid at the end of the second month. Bad debts are 20% of total sales and are written off at the end of the second month following sale.

Calculate the cash receipts expected in January, February and March.

NB: Please my deadline is tomorrow morning at 7:00 am GMT. very urgent and this is the few times I am posting questions so do not disappoint me thanks

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