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Question 4 Use the information provided below to prepare the following for January and February 2023: 4.1 Debtors Collec
Posted: Tue Jul 05, 2022 11:24 am
by answerhappygod
- Question 4 Use The Information Provided Below To Prepare The Following For January And February 2023 4 1 Debtors Collec 1 (33.23 KiB) Viewed 11 times
Question 4 Use the information provided below to prepare the following for January and February 2023: 4.1 Debtors Collection Schedule Cash Budget INFORMATION 4.2 The following information was provided by Intel Enterprises: The bank balance on 31 December 2022 is expected to be R40 000 (unfavourable). Credit sales are expected to be as follows: 1. 2. 3. 4. The Fate text December 2022 R576 000 January 2023 R540 000 February 2023 R648 000 (4 marks) (16 marks) Credit sales usually make up 40% of the total sales. Cash sales make up the balance. Cash customers receive a 10% discount. Credit sales are normally collected as follows: Free E