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Attached are budgeted sales for the month's of September-December. October November December September $100,000 $160,000 $180,000 $120,000 25% of sales are collected immediately in cash,
Attached are budgeted sales for the month's of September-December. October November December September $100,000 $160,000 $180,000 $120,000 25% of sales are collected immediately in cash, Of the 75% cre 50% is collected later in the month sold, 30% are collected the month following the sale, 15% is collected two months later The remainder is uncollectible. Prepare a schedule of expected cash collections from sales for the months of September and October
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