Mak Siti Company has forecast sales to be RM120,000 in February, RM145,000 in March, RM170,000 in April, and RM180,000 i
Posted: Sat Mar 19, 2022 5:42 pm
Company has forecast sales to be RM120,000 in February, RM145,000 in March, RM170,000 in April, and RM180,000 in May. All sales are made on credit and sales are collected 60% in the month of sale, and 40% in the month following. What are budgeted cash receipts in March?
Mak Siti