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Total cash collected in October, $675,000 EX 22-19 Schedule of cash collections of accounts receivable Office World Inc. has cash and carry customers and credit
Total cash collected in October, $675,000 EX 22-19 Schedule of cash collections of accounts receivable Office World Inc. has "cash and carry" customers and credit customers. Office World mates that 25% of monthly sales are to cash customers, while the remaining sales an credit customers. Of the credit customers, 40% pay their accounts in the month of s while the remaining 60% pay their accounts in the month following the month of s Projected sales for the next three months are as follows: October November December $700,000 650.000 500.000 The Accounts Receivable balance on September 30 was $290.000. Prepare a schedule of cash collections from sales for October, November, and Decem Total cash collected in October, $675,000 EX 22-19 Schedule of cash collections of accounts receivable Office World Inc. has "cash and carry" customers and credit customers. Office World mates that 25% of monthly sales are to cash customers, while the remaining sales an credit customers. Of the credit customers, 40% pay their accounts in the month of s while the remaining 60% pay their accounts in the month following the month of s Projected sales for the next three months are as follows: October November December $700,000 650.000 500.000 The Accounts Receivable balance on September 30 was $290.000. Prepare a schedule of cash collections from sales for October, November, and Decem
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