Question
Litzenberger Company has projected the following quaterly sales amounts for the coming year. Sales Q1= $750, Sales Q2=$840. Sales Q3= $910, Sales Q4= $970 Accounts
Litzenberger Company has projected the following quaterly sales amounts for the coming year.
Sales Q1= $750, Sales Q2=$840. Sales Q3= $910, Sales Q4= $970
Accounts receivable at the beginning of the year are $335. The company has a 45 day collection period . Calculate the cash collections in each four uaters by completing the following
| Q1 | Q2 | Q3 | Q4 | |
| Beginning Receivable | $335 | |||
| Sales | $740 | $840 | $910 | $970 |
| Cash Collection | ||||
| Ending Receivables |
Please show working, thank you.
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The Future Of Real Estate Early Warning Realtors
Authors: Anya Bartholomew
1st Edition
1975711149, 978-1975711146
