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Budgeted revenue , $ 6 2 4 , 0 0 0 , $ 7 0 2 , 0 0 0 , $ 9 1 0
Budgeted revenue $$$$
The company makes all sales on credit. Nancy recently reviewed the company's collection history and found that of the sales are collected in the month of the sale, of sales are collected in the month following the sale, and of sales are uncollectible. The company expects to have a net accounts receivable balance of $ on January and this amount represents the remaining receivables from December's sales.
Prepare Waterway & Daniel's cash receipts budget for the first quarter. Enter answers in necessary fields only. Leave other fields blank. Do not enter
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