MCQOPTIONS
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| 1. |
Given estimated sales in February, March, April, May and June are Rs 90,000, Rs 96,000, Rs 54,000, Rs 87,000 and Rs 63,000.In case 50% of sales are realized in the next month and balance in the next of next month, determine cash collection from sales in April and May. |
| A. | Rs 93,000 and Rs 75,000 |
| B. | Rs 93,000 and Rs 70,500 |
| C. | Rs 75,000 and Rs 70,500 |
| D. | None of the above |
| Answer» B. Rs 93,000 and Rs 70,500 | |