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Complete the spreadsheet to determine how much you will collect from each revenue source during the fourth quarter. Cash contributions are collected in the same
Complete the spreadsheet to determine how much you will collect from each revenue source during the fourth quarter. Cash contributions are collected in the same quarter they are pledged. Federal government grants are collected in the very next quarter after you send the granting agency a bill. City contracts are collected as follows: 25% of the total amount owed is paid in the very next quarter after you send the bill. An additional 25% is collected two quarters (i.e. in the 3th Quarter) after you send the bill. The remaining 50% is paid three quarters (i.e. in the 4th Quarter) after you send in the bill
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