Question
1) Prepare a schedule of Cash Collections for July-September based on the following information. Sales Budget: May $430,000 June $540,000 July $600,000 August $900,000 September
1) Prepare a schedule of Cash Collections for July-September based on the following information.
Sales Budget:
May $430,000
June $540,000
July $600,000
August $900,000
September $500,000
Collection Pattern:
20% Month of Sale
70% Following Month
10% in 2 months
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Cost Accounting And Financial Management For Construction Project Managers
Authors: Len Holm
1st Edition
1138550655, 978-1138550650
