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AutoSave Off II Weekly exercise chapter 23 (1) (1) Protected View - Saved to this PC- Search mukesh Kumar MK File Draw Share Comments Home
AutoSave Off II Weekly exercise chapter 23 (1) (1) Protected View - Saved to this PC- Search mukesh Kumar MK File Draw Share Comments Home Insert Design Layout References Mailings Review View Help PROTECTED VIEW This file has been verified by Microsoft Defender Advanced Threat Protection and it hasn't detected any threats. If you need to edit this file, click enable editing. Enable Editing 1.2.1.1.1. X A 3.1.1.1.2.1.3.1.4.1.5.1.6.1.7.1.8.1.9.1.10.1.11.1.12.1.1.1.14.1.15.1. X T17, 18, EX 23-19 Schedule of cash collections of accounts receivable obj. 5 22. 1. 21.11.20.1.19.1.18.1.17.1.16.1.15.1.14.1.13.7.12.17 Office Mate Supplies Inc. has "cash and carry" customers and credit customers. Office Mate estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in the month following the month of sale. Projected sales for the first three months of 2010 are as follows: August $250,000 September 290,000 October 270,000 The Accounts Receivable balance on July 31, 2010, was $200,000. Prepare a schedule of cash collections from sales for August, September, and October. Total cash collected in August, $300,000 Page 1 of 1 96 words Focus 140% Type here to search j E 7C AE 4) JENG 21:48 22-10-2021 D
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