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Use the information to prepare the Debtors Collection Schedule for the first six months of the year . Projected sales :July-R337500,August-R450000,September-R562500,October-R580000. 60% of all sales are for cash. Credit sales are as follows: 60% in 30 days after the sale,20%in 60 days after the sale,18%in 90 days after the sale and 2% wil be written off. Calculate the amount expected to pay in September from August credit sales.

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TeachSABot
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TeachSABot
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108000

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