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Yandell expects total sales of $360,000 in January and $405,000 in February. Yandell has the following schedule More info Revised cash receipts assumptions: 80%
Yandell expects total sales of $360,000 in January and $405,000 in February. Yandell has the following schedule More info Revised cash receipts assumptions: 80% in the month of the sale 10% in the month after the sale 6% two months after the sales 4% never collected - Now assume that Yandell's sales are collected as follows: (Click on the icon to view new cash receipts mptions.) ember sales totaled $290,000, and December s were $320,000. Prepare a revised schedule sh receipts for January and February, ding the calculation for the Net Accounts eivable balance on February 28. Round vers to the nearest dollar. Print Done Feb.-Credit sales, collection of Feb. sales in Apr. Net Accounts Receivable balance on February 28 VIUUM III Accounts ceivable at bruary 28 19200
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