Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $750 per event. Curtis receives a 15 percent deposit two months before the event, 60 percent the month before, and the remainder on the day the equipment is delivered and set up. Planners at Curtis estimate the following number of events for the last half of the current year:

July	140
August	160
September	210
October	120
November	80
December	110

Required:

What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event.

What are the expected cash receipts for each month, July through October?

Complete this question by entering your answers in the tabs below.

A. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event.

	Revenues
July
August
September
October
November
December

B. What are the expected cash receipts for each month, July through October?

	Cash Receipts
July
August
September
October