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Budgeting

mulder moby 1 question

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  1. 1C makes sls of $100,000 / mth. 20% are cash rest credit.
    Cr sls, collections are:
    PMt in month of sls 50%
    Following month 30%
    2months 16%
    iir debt 4%
    Those that pay in month of sls get 5% discount
    For any given month what are the cash recpts ?
    1. Ax
    2. BY

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Description
ACCA Accounting Quiz on Budgeting , created by mulder moby on 26/05/2022.
Language
English
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