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Yandell expects total sales of $359,000 in January and $405,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view
Yandell expects total sales of $359,000 in January and $405,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $340,000, and December sales were $290,000. 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 359000 February 405000 i More Info Total sales January February 61200 60% in the month of the sale 20% in the month after the sale 18% two months after the sale 2% never collected 58000 Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. 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. 215400 Print Done Total cash receipts from customers Yandell expects total sales of $359,000 in January and $405,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $340,000, and December sales were $290,000. 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 359000 February 405000 Total sales January February 61200 58000 Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. 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. 215400 Total cash receipts from customers Yandell expects total sales of $359,000 in January and $405,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $340,000, and December sales were $290,000. 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 359000 February 405000 i More Info Total sales January February 61200 60% in the month of the sale 20% in the month after the sale 18% two months after the sale 2% never collected 58000 Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. 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. 215400 Print Done Total cash receipts from customers Yandell expects total sales of $359,000 in January and $405,000 in February. Assume that Yandell's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $340,000, and December sales were $290,000. 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 359000 February 405000 Total sales January February 61200 58000 Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. 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. 215400 Total cash receipts from customers
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