Question: its all same question, pls help there is time limit 30 mins, thanks Prepare a schedule of receipts from debtors for October, November, December Past


Prepare a schedule of receipts from debtors for October, November, December Past experience shows that B0% of debtors pay in the month following sale and receive a 5% discount . TI 10% of debtors pay in the second month after the sale 8% of debtors pay in the third month after the sale 2% of debtors do not pay at all Collections in Schedule of Receipts from Debtors Amount of Month of Credit Credit Sales Sales October November December July $20,000 August 315.000 30C Mottl sunny O 0 e 9 P . H K N M Schedule of Receipts from Debtors Amount of Month of Credit Credit Sales October Sales Collections in: November December July $20,000 August $15.000 September $18,000 October $16.000 . 49 30C Mostly sunny 1 8 9 0 o P 1 K Li L. s De V M September $18.000 October 516,000 November $2.000 Total to be received M S E A o U O L s
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