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The total budgeted sales for Bongiwe limited for the second half of 2022 are expected to be as follows: Additional information: 1. Cash sales is
The total budgeted sales for Bongiwe limited for the second half of 2022 are expected to be as follows: Additional information: 1. Cash sales is \25 of total sales. 2. Debtors pay according to the following pattern: \60 one month after date of sale (next month) - less \5 discount \25 two months after date of sale (after 60 days) \12 three months after date of sale (after 90 days) \3 never pay and are written off. Required prepare the Debtors Collection Schedule for the three-month period 1 October 2022 - 31 December 2022 The total budgeted sales for Bongiwe limited for the second half of 2022 are expected to be as follows: Additional information: 1. Cash sales is \25 of total sales. 2. Debtors pay according to the following pattern: \60 one month after date of sale (next month) - less \5 discount \25 two months after date of sale (after 60 days) \12 three months after date of sale (after 90 days) \3 never pay and are written off. Required prepare the Debtors Collection Schedule for the three-month period 1 October 2022 - 31 December 2022
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