Talal AIDukair 1146450 Qulz 1 The following data are the sales of Car for Hire- Rlyadh for the frst five months of 2018. The instalment sale t traders on the bass that 5% of sales are made in cash at the sale and the remainder an the account, 55% are collected in 25% in the month following the sale, 10% in the month that-atowed, and the remander 15%! uncollected lbad debt the month of sale Required: Calculate the total cash collections from sales for the first five menths of 2018 Confirm that all the Cash that was supposed to be collected has been collected Cash Collections Collected in the Month of Sale Collected in the Month Following the Sale Collected in the Following Month uncollected (Bad debt expencel % of Collection 5% 55% 25% 5% Riyadh Factory for Ready-Made Clothing Report of Cash Collections from Sales for the First Five Months of 2020 March 2475000 April Jenuary 2430000 February 2370000 2700000 Cash Collections Collected in the Month of Sale Collected in the Month Following the Sale Collected in the Fallowing Month Bad Debt Expense (Not Collected) Total Cash Collected in Each Month