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Cash sales 500000 - 30% receivable - 15% will collect in next first year - 30% will collect in next second year calculate receivable in third year ?

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تم إضافة السؤال من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany
تاريخ النشر: 2015/03/09
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Receivable : 30% X500,000        = 150000

First year's collection                 = 15%  X150000 =7500   BALANCE:142500

2ND YEARS COLLECTION          =  30% X142500 =42750  BALANCE99750/-

BALANCE FOR THE3RD YEAR  = 99750

 

[Question require a little more clarity to interpret the exact meaning]

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I AGREE WITH MR VENKITARAMAN ANSWER  

Muhammad Asif
من قبل Muhammad Asif , Accountant , Prestige Plastics LLC

this is cash sale dude there are no receivable .........................