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Avery company projects the following sales for the first three months. 10600 in january. 11600 in febuary and 14100 in march. the company expects 70%
Avery company projects the following sales for the first three months. 10600 in january. 11600 in febuary and 14100 in march. the company expects 70% of the sales to be cash and the remainder on account. sales on account are collected 50% in the month of sale, and 50% in following month. the accounts receivable has a zero balance on jan 1. round to nearest dollar.
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