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The Jallouk Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $600 $630 $690 $840 a. Accounts

The Jallouk Company has projected the following quarterly sales amounts for the coming year:


Q1 Q2 Q3 Q4
Sales $600 $630 $690 $840

a. Accounts receivable at the beginning of the year are $360. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)


Q1 Q2 Q3 Q4
Beginning receivables $ $ $ $
Sales 600 630 690 840
Cash collections
Ending receivables $ $ $ $

b. Accounts receivable at the beginning of the year are $360. The company has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)


Q1 Q2 Q3 Q4
Beginning receivables $ $ $ $
Sales 600 630 690 840
Cash collections
Ending receivables $ $ $ $

c. Accounts receivable at the beginning of the year are $360. The company has a 30-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)


Q1 Q2 Q3 Q4
Beginning receivables $ $ $ $
Sales 600 630 690 840
Cash collections
Ending receivables $ $ $ $

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