Sales amounted to N$ 138 600. The ratio of credit to cash sales was 3:1.
Sales amounted to N$ 138 600. The ratio of credit to cash sales was 3:1.
Homework Answers
THE RATIO OF CREDIT TO CASH IS 3:1
SO THERE CASH SALES = $34650
AND CREDIT SALES IS = $103950
SO THERE RECEIVABLE AMOUNT IS $103950
AND BAD DEBTS CREATED ON $103950
SO IT QUESTION ONLY STATED THAT MAINLY RISK ON AMOUNT $103950
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Sales amounted to N$ 138 600. The ratio of credit to cash sales
was 3:1.
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