Question

Calculate the cash inflows for the month of January from the following details:
Opening balance for January 2,00,000, 10% of January sales are cash sales. The
total sales for January is 4 lakhs. 50% of the credit sales will be received in first
month following and rest 50% will be received in 2nd month following. The total
sales for November is 5 lakhs and for December it is 6 lakhs.
O 7,35,000
O 8,55,000
0 7,70,000​

Answer 1

Answer:

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