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From the following data for Fantastic Sales, calculate the receipts from accounts receivable for September, October and November of 2021. Actual Actual Estimated July $615,500
From the following data for Fantastic Sales, calculate the receipts from accounts receivable for September, October and November of 2021. Actual Actual Estimated July $615,500 August $575,300 September $448,300 Estimated Estimated October November $626,900 $419,000 Credit sales Credit sales are normally settled according to the following pattern: 40 per cent in the month of the sale, 20 per cent in the month following the sale and the remainder in the second month following the sale. Important: If you think the amount in a cell should be 0, type 0 - don't leave that cell empty. For any amounts, please don't include the dollar sign ($) or any thousands separator - i.e., $12,000 should be written as 12000. Sales receipts from accounts receivable for the three months ending 30 November 2021 Credit Sales October 2021 November 2021 September 2021 $ $ $ $ July 2021 615,500 August 2021 575,300 September 2021 448,300 October 2021 626,900 November 2021 419,000 Total
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