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X-Tel budgets sales of $80,000 for April, $115,000 for May, and $55,000 for June. Sales are 50% cash and 50% on credit. All credit sales
X-Tel budgets sales of $80,000 for April, $115,000 for May, and $55,000 for June. Sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. Total sales for March were $11,000. Prepare a schedule of cash recelpts from sales for April, May, and June The Gultar Shoppe reports the following budgered sales: August. $180,000; and September, $220,000. For its total sales, 30% are immediately collected in cash, 50% ore credit sales and collected in the month following sale, and the remaining 20% are written off as uncollectible. Prepare a schedule of cash recelpts from sales for September Music World reports the following budgeted sales: August, $130,000; and September, $230,000. Cash sales are 50% of total sales, and ali credit sales are collecied in the month following the sale. Prepare a schedule of cash recelpts from sales for September
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