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ay depend on the answer to an earlier ilern. Round your answers to the nearest whole dollar.) Agua Pure is a distributor of battled water.
ay depend on the answer to an earlier ilern. Round your answers to the nearest whole dollar.) Agua Pure is a distributor of battled water. For each of the items, compute the amount of cash receipts ar payments Agua Pure wil budget for September. The solution to one item (Click the icon to view the items.) a. Management expects to sell equipment that cost $14,000 at a gain of $6,000. Accumulated depreciation on this equipment is $11,000 a. The amount of cash receipts the company will budget for the sale of the equipment is s b. Management expects to sell 7.300 cases of water in August and 9,700 cases in September. Each case sells for $11. Cash sales average 10% of total sales, and credit sales make up the rest Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. b. The amount of cash receipts the company will budget for the collection of sale revenue is $L c. The company pays rent and property temes of $4,200 each month. Commissions and other seling expenses average 10% of sales. Agua Pure pays one-half of commissions and other selling expenses in the month incurred with the balance paid the following month C. The amount of cash payments for total expenses the company will budget for Saplumber is $ More Info a. Management expects to sell equipment that cost $14.000 at Again of S8,000. Accumulated depreciation on this equipment is $11,000. b. Management expects to sell 7.300 cases of water in August and 9,700 cases in September. Each case sells for $11. Cash sales average 10% of total sales, and credit sales make up the rest. Three-fourths of credit sales are colected in the month of sale, with the balance colected the following month c. The company pays rent and property taxes of $4200 each month Cornmissions and other selling expenses average 1054 of sales. Aqua Pure pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month. Print Done
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