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Using the following data of WeforU Sales, calculate the budgeted receipts from accounts receivable for July ,August and September 2030. ACTUAL ESTIMATED May June July

Using the following data of WeforU Sales, calculate the budgeted receipts from accounts receivable for July ,August and September 2030.

ACTUAL

ESTIMATED

May

June

July

Aug

Sep

Credit Sales

105000

90000

92000

106000

87000

Credit sales are normally settled according to the following pattern: 20 per cent in the month of the sale, 50 per cent in the month following the sale and the remainder in the second month following the sale.

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