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Berry expects total sales of $359,000 in January and $405,000 in February. Assume that Berry's sales are collected as follows: (Click the icon to view
Berry expects total sales of $359,000 in January and $405,000 in February. Assume that Berry's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $350,000, and December sales were $325,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) Cash Receipts from Customers January February Total sales January February Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.--Credit sales, collection of Dec. sales in Jan. Dec.--Credit sales, collection of Dec. sales in Feb. Jan-Credit sales, collection of Jan. sales in Jan. E rnu muumbar in the arts and then continue to the next question. answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) IULI BICS January February Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. salis in Feb. Jan. --Credit sales, collection of Jan. sales in Jan. Jan ---Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers * More Info 80% in the month of the sale 10% in the month after the sale 6% two months after the sale 4% never collected Print Print Done Done
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