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Benton Company's sales budget shows the following expected total sales: 2 Month January February March April Sales $19,000 $36,000 $41,000 $46,000 The company expects 80%
Benton Company's sales budget shows the following expected total sales: 2 Month January February March April Sales $19,000 $36,000 $41,000 $46,000 The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale and 68% in the month following the sale, with the remainder being uncollectible and written off. The total cash receipts during April would be: Multiple Choice O $30,200. $31,945. O O $24,150. o $40.704
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