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Estimated credit sales for March Actual credit sales for February Estimated collections in March for credit sales in March Estimated collections in March for
Estimated credit sales for March Actual credit sales for February Estimated collections in March for credit sales in March Estimated collections in March for credit sales in February Estimated collections in March for credit sales prior to February Estimated write-offs in March for uncollectible credit sales Estimated provision for bad debts in March for credit sales in March Determine the estimated cash receipts from accounts receivable collections in March its accounts receivable $ SS 325,000 $ 262,000 25% 55% SSS $ 18,000 8,500 9,500 Note: although this is probably in a different format than you are used to you can still complete a schedule of cash collections. Pay a to February and sales in February, in addition to the collections on March sales QUESTION 11
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