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BusinessCourse # Return to course HC TONOW ODOTTICA COCCUTOR Portion of Total Sales 30% 1596 1096 In month of sale: Cash at time of sale
BusinessCourse # Return to course HC TONOW ODOTTICA COCCUTOR Portion of Total Sales 30% 1596 1096 In month of sale: Cash at time of sale On account, during discount period On account, after disglaunt period In month following sale: On account, during discount period On account, after discount period In second month following sale: On account, after discount period Average portion uncollectible 15% 1096 1596 596 10096 Prepare an estimate of the cash to be collected from customers during June Estimated Collections from Customers in June April Sales On account, no discount May Sales On account, no discount On account with discount June sales On account, no discount On account with discount Cash Total estimated June collections Question 4 Natcom Marof 7.00 P on Budgeting Cash Whitney's, Inc, sells on terms of 5% discount for cash and carry or 2/10,n/30 and estimates its total sales for the second calendar quarter of next year as follows: April 300.000: May, 240,000: and June 1360.000. An analysis of operations indicates the following customer collection patterns in month of On account during discount period On counter discount and On account during discount period On account her docount period
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