Solution:

Quarter Cash Sales (10%) Credit Sales (90%)

3, current year (5,760,000) 576,000 5,184,000
4, current year (7,180,000) 718,000 6,462,000
1, next year (4,640,000) 464,000 4,176,000
2, next year (5,780,000) 578,000 5,202,000
3, next year (5,220,000)  522,000 4,698,000
4, next year (8,010,000) 801,000 7,209,000
 Solution:

Received on account from Quarter 1 Quarter 2 Quarter 3 Quarter 4

Q3, current year (5,184,000) (7%) 362,880
Q4, current year (6,462,000) (25%) 1,615,500 (7%) 452,340
Q1, next year (4,176,000) (65%) 2,714,400 (25%) 1,044,000 (7%) 292,320
Q2, next year (5,202,000) (65%) 3,381,300 (25%) 1,300,500 (7%) 364,140
Q3, next year (4,698,000) (65%) 3,053,700 (25%) 1,174,500
Q4, next year (7,209,000) 0 0 0 (65%) 4,685,850

 Same lang sa question 2

1,310,000 x 28%
2,160,000 x 70%

950,000 x 85%
2,000,000 x 15%
46,000 x 10%
46,000 x 90%

2,000,000 x 20%
 54,000 x 80%

49,000 x 80%

Solution:

Checks (May)
Amount to be received 9,800 -> (49,000 x 20%)
Bad debts (196) -> (9,800 x 2%)
Bank charges (69) -> (9,800/85 x 0.60)
Total 9,535

Checks (May)
Amount to be received 10,800 -> (54,000 x 20%)
Bad debts (216) -> (10,800 x 2%)
Bank charges (76) -> (10,800/85 x 0.60)
Total 10,508
63,000 x 40%
61,000 x 36%
57,000 x 22%

(October cash sales + credit sales) x 70%

(63,000 + 5,000) x 70%
= 47,600
47,600 x 45% = 21,420

September total sales x 70%

65,500 x 70% = 45,850
45,850 x 55% = 25,217.5 or 25,218
Solution:
1. Cash sales (220,000 x 20%) 44,000
Feb sales (183,000 x 80% x 5%) 7,320
March sales (192,00 x 80% x 20%) 30,720
April sales (196,000 x 80% x 35%) 54,880
May sales (220,000 x 80% x 40%) 70,400
Total forecasted 207,320

2.
April month sales 196,000
Cash sales (196,000 x 20%) 39,200
Credit sales (196,000 x 80%) 156,800
Bad debts (156,800 x 2%) 3,136

Cash will be decreased by 3,136

Cash sales 5,800 (58,000 x 10%) 8,200 (82,000 x 10%)
June Sales 6,878 (53,000 x 90% x 14% x 1.03)
July Sales 26,910 (46,000 x 90% x 65%) 5,970 (46,000 x 90% x 14% x 1.03)
August Sales 7,830 (58,000 x 90% x 15%) 33,930 (58,000 x 90% x 65%)
September Sales 11,070 (82,000 x 90% x 15%)