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Schedule of Cash Bennett Inc. found that about 40% of its sales during the month were for cash. Bennett has the following accounts receivable payment

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Schedule of Cash Bennett Inc. found that about 40% of its sales during the month were for cash. Bennett has the following accounts receivable payment experience: Percent paid in the month of sale Percent paid in the month after the sale on Accounts and Cash Budget the sale Bennett's anticipated sales for the next few months are as follows: $250,000 290,000 280,000 295,000 300,000 August Required 1. Calculate credit sales for May. 29,000 x te cr Calculate credit sales for July. :58 PM

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