Yasmine Yasmin expects total sales of

$350,000

in

January

and

$400,000

in

February.

Assume that

Yasmin's

sales are collected as follows:

November

sales totaled

$310,000,

and

December

sales were

$325,000.

Prepare a schedule of cash receipts from customers for

January

and

February,

including the calculation for the Net Accounts Receivable balance on

February

28.

Round answers to the nearest dollar. (If an input field is not used in the table leave the input field empty; do not enter a zero.)

Prepare a schedule of cash receipts from customers for

January

and

February.

(If an input field is not used in the table leave the input field empty; do not enter a zero.)

SM7-9 (similar to) Question Help Yasmin expects total sales of $350,000 in January and $400,000 in February. Assume that Yasmin's sales are collected as follows: A (Click the icon to view the collections.) November sales totaled $310,000, and December sales were $325,000. Prepare a schedule of cash receipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February 28. Round answers to the nearest dollar. (If an input field is not used in the table leave the input field empty; do not enter a zero.) Prepare a schedule of cash receipts from customers for January and February. (If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Receipts from Customers January February Total sales January February - X More Info 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. 50% in the month of the sale 40% in the month after the sale 8% two months after the sales 2% never collected Total cash receipts from customers Print Done Enter any number in the edit fields and then click Check Answer. 1 panta Clear All Check Answer remaining