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The management of Grinrod Limited prepared the following forecasted total sales schedule for the five months ending Dec 2 0 2 4 . August -
The management of Grinrod Limited prepared the following forecasted total sales
schedule for the five months ending Dec
August R September R October R November R December R
ADDITIONAL INFORMATION:
Cash Sales comprise of total sales. These customers are entitled to a discount.
Credit Sales are collected as follows:
in the month of salethese customers get a discount
in the month after the sale
is written off as bad debts
The bad debts that will be reflected in the cash budget for October will amount to :
A R
B R
C NIL
D R
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