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Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $830 per event. Curtis

Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $830 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 220
August 240
September 290
October 200
November 160
December 190

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?image text in transcribedimage text in transcribed

Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $830 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: Required: 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. b. What are the expected cash receipts for each month, July through October? Complete this question by entering your answers in the tabs below. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event. Complete this question by entering your answers in the tabs below. What are the expected cash receipts for each month, July through October

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