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

Question

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

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 · Answer

I AGREE WITH MR VENKITARAMAN ANSWER

Muhammad Asif · Answer

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