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Gem Service articipates the following sales revenue over a five month period (Click the icon to view the The company's sales are 20% cash
Gem Service articipates the following sales revenue over a five month period (Click the icon to view the The company's sales are 20% cash and 50% c Its collection history indicates that credit sales are collected as follows (Click the icon to view the collections data) How much cash will be colected in January? In February? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January February, March and for the quarter in total (Round your answers to the nearest whole dollar) Gem Service Cash Collections Budget For the Months of January through March February January Data table March Quarter Cash sales Collection of credit sales 20% of sale 42% Month after 35% Two months af Total cash collections November December February March Sales revenue. 16.700 $ 10.000 $ 15.400 $12.200 5 14.600 Point Done
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