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any projects the following sales: Click on the icon to view the projected sales.) Crowley collects sales on account in the month after the sale.
any projects the following sales: Click on the icon to view the projected sales.) Crowley collects sales on account in the month after the sale. The Accounts Receivable balance on January 1 is $13,500, which represents December's sales on account. Crowley projects the following cash receipts from customers: (Click on the loon to view the cash receipts from customers.) Recalculate cash receipts from customers if total sales remain the same but cash sales are only 20% of the total Begin by computing the cash sales and sales on account for each month if cash sales are only 20% of the total January February March Cash sales (20%) Sales on account (80%) $ 20,000 $ 22,000 $ 24,000 Total sales Now, recalculate cash receipts from customers for each month if cash sales are only 20% of the total Cash receipts from cash sales Cash receipts from sales on account Total cash receipts from customers January February March Time Remaining: 01:49:08 Next er Budgets Question 13 of 27 > Data table This test: 100 point(s) possible This nations - X January February March sents De Cash sales (25%) $ 5,000 $ 5,500 $ 6,000 Sales on account (75%) 15,000 16,500 18,000 $ 20,000 $ 22,000 $ 24,000 Total sales Data table January February March Cash receipts from cash sales $ 5,000 $ 5,500 $ 6,000 13,500 15,000 Cash receipts from sales on account 16,500 $ 18,500 $ 20,500 $ 22,500 Total cash receipts from customers Print Done Time Remaining: 01:4
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