The budgeted credit sales of Mafuta traders for the first half of 2009 are expected as followsPage 4 of 4Month of 2009Budgeted credit sales RJanuary60000February70000March84000April72000May64000June50000Debtors are expected to pay their debts as follows70% in the month of sale20% in the second month following the month of sale7% in the third month following the month of sale3% is written off as irrecoverableCredit losses are written off at the end of the month in which the last instalment is received. Debtors amounted R179200 on 1 January 2009.Credit sales for October 2008, November 2008 and December 2008 were R56000, R60000 and R66000 respectivelyDraft a schedule showing the amounts which Mafuta traders will receive from debtors each




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