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Yandell expects total sales of $350,000 in January and $392,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view

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Yandell expects total sales of $350,000 in January and $392,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $330,000, and December sales were $320,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty; do not enter a zero.) Cash Receipts from Customers January February Total sales January February Cash Receipts from Customers: Nov.Credit sales, collection of Nov. sales in Jan. More Info - Dec.Credit sales, collection of Dec. sales in Jan. Dec.Credit sales, collection of Dec. sales in Feb. Jan.Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. 60% in the month of the sale 20% in the month after the sale 18% two months after the sale 2% never collected Total cash receipts from customers Print Done

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