Image transcription text
10. Budgeted collections from customers. Roland Company’s actual sales on account were as follows: Month
Sales on account February P 160,000 March 100,000 April 180,000 Experience has shown that such sales
are usually collected as follows: Percent Month of sale 20 % Month after sale 50 Second month … Show more
Sales on account February P 160,000 March 100,000 April 180,000 Experience has shown that such sales
are usually collected as follows: Percent Month of sale 20 % Month after sale 50 Second month … Show more
Required: Make a schedule of budgeted cash collection from sales by month and in total, for third
quarter.
in tabular form please
