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XOXO company expects to have the following sales for the last quarter of 2021: P200,000.00 (Oct) P250,000.00 (Nov) P300,000.00 (Dec). Sales are all on account:
XOXO company expects to have the following sales for the last quarter of 2021: P200,000.00 (Oct) P250,000.00 (Nov) P300,000.00 (Dec). Sales are all on account: 60% are collected on the month of sales and 40% are collected the following month. Sales on account for September is P200,000.00. What is the estimated cash receipt for November?XOXO company expects to have the following sales for the last quarter of 2021: P200.000.00 (Oct) P25000000 (Nov) P30000000 [Dec] Sales are all on account: 60% are collected on the month of sales and 40% are collected the following month. Sales on account for September is P20000000. What is the estimated cash receipt for the last quarter of 2021? Black Corporation has forecasted sales in 2020 as follows: Jan-P120,000 Feb-P160,000 Mar-P180,000 Apr-P240,000. December 2019 sales is P100,000. Sales are collected 25% for the month, 50% the following month and balance for the month again. The amount of cash collected from sales during the month of January is
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