{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:17:39-04:00", "answer_date": "2024-06-29 01:17:39", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4436724", "url": "\/study-help\/questions\/please-could-i-have-a-step-by-step-solution-exercise-4436724", "question_creation_date_js": "2024-06-29T01:17:39-04:00", "question_creation_date": "Jun 29, 2024 01:17 AM", "meta_title": "[Solved] *PLEASE COULD I HAVE A STEP BY STEP SOLUT | SolutionInn", "meta_description": "Answer of - *PLEASE COULD I HAVE A STEP BY STEP SOLUTION* Exercise 23.16 Estimated cash receipts The budgeted monthly service reve | SolutionInn", "meta_keywords": "*,step,solution*,exercise,23.16,estimated,cash,receipts,budgeted,monthly,service,revenues", "question_title_h1": "*PLEASE COULD I HAVE A STEP BY STEP SOLUTION* Exercise 23.16 Estimated cash receipts The budgeted monthly service revenues for Causeway Contractors for January to", "question_title": "*PLEASE COULD I HAVE A STEP BY STEP SOLUTION* Exercise 23.16 Estimated", "question_title_for_js_snippet": " PLEASE COULD I HAVE A STEP BY STEP SOLUTION Exercise 23 16 Estimated cash receipts The budgeted monthly service revenues for Causeway Contractors for January to June are presented below The entity's experience is that 80 of monthly invoicing for services is on a credit basis All cash sales receive an 8 discount Of the credit sales, 40 are collected in the month following the service, 35 are collected in the second month following, and 22 are collected in the third month after invoicing 3 are never collected Total actual revenue invoiced during December was $23 000 and for November was $33 000 Ignore GST The projected service revenues by month are as follows", "question_description": "
*PLEASE COULD I HAVE A STEP BY STEP SOLUTION*<\/p>
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Exercise 23.16 Estimated cash receipts The budgeted monthly service revenues for Causeway Contractors for January to June are presented below. The entity's experience is that 80% of monthly invoicing for services is on a credit basis. All cash sales receive an 8% discount. Of the credit sales, 40% are collected in the month following the service, 35% are collected in the second month following, and 22% are collected in the third month after invoicing; 3% are never collected. Total actual revenue invoiced during December was $23 000 and for November was $33 000. Ignore GST. The projected service revenues by month are as follows<\/p>
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