Q.1.2 Total budgeted sales for Blue Limited for the next few months are expected to be (9) as follows: Month Budgeted to

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Q 1 2 Total Budgeted Sales For Blue Limited For The Next Few Months Are Expected To Be 9 As Follows Month Budgeted To 1 (372.39 KiB) Viewed 9 times

Q.1.2 Total budgeted sales for Blue Limited for the next few months are expected to be (9) as follows: Month Budgeted total sales July 2019 R140 000 August 2019 R162 000 September 2019 R155 000 Additional information: June 2019 total sales was R170 000. Debtors are expected to pay their debts as follows: O 60% in the first month following the month of the sale (i.e. 30 days) O 35% in the second month following the month of the sale (i.e. 60 days) O 5% irrecoverable. 75% of Blue Limited's total sales are on credit. Required: Set up a debtor's schedule for August and September 2019, for Blue Ltd to be able to budget what they can receive from debtors during these months. Show all workings.