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Yandell expects total sales of $365,000 in January and $394,000 in February Assume that Yandell's sales are collected as follows (Click the icon to view
Yandell expects total sales of $365,000 in January and $394,000 in February Assume that Yandell's sales are collected as follows (Click the icon to view the collections.) November sales totaled S330,000, and December sales ware $310,000. Prepare a schedule of cash receipts from customers for January and Fabruary. 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 More Infto JanuaryFebruary Cash Receipts from Customers: Nov Credit sales, collection of Nov sales in Jan Credit sales, collection of Dec sales in Jan Credit sales, collection of Dec sales in Feb n-Credit sales, colection of Jan. sales in Jan. n-Credit sales, collection of Jan. sales in Feb Feb.-Credit sales, collection of Feb. sales in Feb. 50% in the month of the sale 40% in the month after the sale 896 two months after the sale 2% never collected Jan-Credit sales, Print Done Total cash receipts from customers
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