Section A Answer both questions Read the following carefully and then answer Q. John Hush is in the process of preparing bts for the period October to December 2013 The folowing information has been provided to asis in the budgetng process 1 Budgeted monthly salos revenue is as follows October November December 40.000 70000 0.000 January 201 Sales 20% cash and 80% credit Credit sales are conected over a three month per od 15% r, the month of sae, 70% the morth following sale and 15%inthe second month tonowing sale Bad otts of 5% are antopaled on as credit saes 45.000 Section A Answer both questions Read the following carefully and then answer Q. John Hush is in the process of preparing bts for the period October to December 2013 The folowing information has been provided to asis in the budgetng process 1 Budgeted monthly salos revenue is as follows October November December 40.000 70000 0.000 January 201 Sales 20% cash and 80% credit Credit sales are conected over a three month per od 15% r, the month of sae, 70% the morth following sale and 15%inthe second month tonowing sale Bad otts of 5% are antopaled on as credit saes 45.000