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none at this time Halifax, Inc. is trying to prepare their budget for the third quarter. As part of the budget they need to determine

none at this time

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Halifax, Inc. is trying to prepare their budget for the third quarter. As part of the budget they need to determine the total cash that will be collected from sales for each month. Halifax reports the following budgeted sales information necessary to calculate budgeted cash collections: June July August September Sales $646,290 $651,590 $644,460# $672,510 35% of the monthly sales listed above are cash sales and are therefore collected right away and 65% of the sales are on account. The amount sold on account each month is collected the following month. Calculate the amount of cash collected in July, August, and September. Round all answers to the nearest whole dollar July August September Cash Sales 228.056 m 225,561 235 3780 Cash collected from sales on account 420,088 423.533 m 418 899 Total Cash Collected 643 144 649 094 654 2770 Get help: Video Video Points possible: 9 License This is attempt 2 of 3

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