Answer:
Total sales is $1,777,000
Explanation:
April May June Total
cash sales $115,000 $77,000 $140,000 $332,000
sales on account $455,000 $500,000 $490,000 $1,445,000
Total sales $570,000 $577,000 $630.000 $1,777
,000
Above is the sales analysis for the three months April to June,the total sales in the quarter is $1,777,000 which comprises of both cash sales and credit sales in all of the three months.
Sales does not be cash,as sales is to recognized when the entity making the sale has performed its obligation of delivering the goods to the customers or delivered on an agreed service.
