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Mountaineers expects total sales of $700.000 for January and $354,000 for February. Assume that Mountaineers's sales are collected as follows (Click the icon to view
Mountaineers expects total sales of $700.000 for January and $354,000 for February. Assume that Mountaineers's sales are collected as follows (Click the icon to view the collection History.) November sales totaled $397,000, and December sales were $403,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) Cash Receipts from Customers January February Total sales January February Cash Receipts from Customers: Nov.-- Credit sales, collection of Nov.sales in Jan Dec.-Credit sales, collection of Dec. sales in Jan Dec.--Credit sales, collection of Dec sales in Feb Jan-Credit sales, collection of Jan, salas in Jan. JanCredit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb, sales in Feb. Total cash receipts from customers - More Info 50% in the month of the la 305 in the month after the sale 129. two months after the sale 2% novar collected Print Done Enter any number in the edit
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