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Treasure Service anticipates the following sales revenue over a five-month period EEB (Click the icon to view the sales data) The company's sales are 206
Treasure Service anticipates the following sales revenue over a five-month period EEB (Click the icon to view the sales data) The company's sales are 206 cash and 80% credit Its collection history indicates that credit sales are collected as follows (Click the icon to view the collections data) How much cash will be collected in January? In Febnuary? In March? For the quarter in total? Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. (Round your anowers to the nearest whole dolla) Treasure Service Cash Collections Budget For the Months of January through March January Cash sales Data Table More Infto Collection of credit sales 20% Morth of sale 40% Month after November December January February March 16.900$ 10,000$ 15,000 $ 12.200 $ 14,400 20% the month of the sale 40% the month after the sale 36% two months after the sale 5% are never collected 35% Two months after Sales revenue Total cash collections Print Done Print Done
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