Sales in the month of January and February are 60,000 and * 70,000 respectively. One-half of the sales is collected in the month of sales on which a cash discount of 5% is allowed and the rest in the following month. Collections in the month of February. would be: (a) 60,000 (b) * 63,250 (c) 63,500 (d) * 65,000. Ans. (b) 8. The estimated monthly sales of Agrs Fruit Co It is
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