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S22-9 (similar to) Question Help Yordi expects total sales of $359,000 in January and $394,000 in February. Assume that Yordi's sales are collected as follows
S22-9 (similar to) Question Help Yordi expects total sales of $359,000 in January and $394,000 in February. Assume that Yordi's sales are collected as follows i (Click the icon to view the collections.) November sales totaled $330,000, and December sales were $340,000. 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 i More Info Total sales January February 60% in the month of the sale 20% in the month after the sale 18% two months after the sale 2% never collected 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. sales in Jan. Jan-Credit sales, collection of Jan, sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Print Done Total cash receipts from customers
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