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Schedule of Expected Cash Collections July August September Quarter Account Receivable( June 30) $ 29,250 $ 29,250 July Sales $ 13,520 $ 38,480 $ 52,000
| Schedule of Expected Cash Collections | ||||
| July | August | September | Quarter | |
| Account Receivable( June 30) | $ 29,250 | $ 29,250 | ||
| July Sales | $ 13,520 | $ 38,480 | $ 52,000 | |
| August Sales | $ 14,560 | $ 41,440 | $ 56,000 | |
| September | $ 15,600 | $ 15,600 | ||
| Total Cash Collections | $ 42,770 | $ 53,040 | $ 57,040 | $ 152,850 |
What would be my new account receivable for the quarter ending September 30
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
