From the Following Data,estimate the Amount of Cash to Be

question 8

Multiple Choice

From the following data,estimate the amount of cash to be collected in July.
It is expected that cash sales in any single month will represent 30 per cent of sales for that month and the remaining cash is to be collected in the following month.

• A)$37 000
• B)$70 000
• C)$33 000
• D)$44 000

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