AID13089: A firm sells goods worth Rs 100,000 every month. 20% of the sale is made on cash, 40% on net 30 and the remaining 40% on net 60. If the sale begins in January, find out the cash balance with the firm in the sale account during January, February and March

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Question: A firm sells goods worth Rs 100,000 every month. 20% of the sale is made on cash, 40% on net 30 and the remaining 40% on net 60. If the sale begins in January, find out the cash balance with the firm in the sale account during January, February and March.

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