January February March April May June RM RM RM RM RM RM
January February March April May June RM RM RM RM RM RM
January February March April May June RM RM RM RM RM RM
1. There are no cash sales. To receive from customers half of the sales value in the month
following the sales and the balance in the second month.
2. Material purchases are payable in the month after purchase. The supplier will give a cash
discount of 5% for all purchases.
5. During May, the company plans to purchase a second hand motorcycle for despatch
costing RM 2,000.
Required: