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Callarman Company projects the following sales: View the projected sales. Callarman Company collects sales on account in the month after the sale. The Accounts Receivable
Callarman Company projects the following sales:
View the projected sales.
Callarman Company collects sales on account in the month after the sale. The Accounts Receivable balance on January is $ which represents December's sales on account. Callarman Company projects the following cash receipts from customers:
View the cash receipts from customers.
Recalculate cash receipts from customers if total sales remain the same but cash sales are only of the total.
Begin by computing the cash sales and sales on account for each month if cash sales are only
tableJanuary,February,March,Cash sales Sales on account Total sales,$
Now, recalculate cash receipts from customers for each month if cash sales are only of the
tableJanuary February March,Cash receipts from cash sales,,Cash receipts from sales on account,,
Projected Sales
tableuary,February,MarchCash sales $Sales on account $$
'Cash Receipts Frort Customers
tablecornuary,February,MarchtableCash receipts from cash salesCash receipts from sales on account$$$$
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