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Yem expects total sales of $ 3 6 2 , 0 0 0 in January and $ 3 9 0 , 0 0 0 in
Yem expects total sales of $ in January and $ in February. Assume that Yem's sales are collected as follows:
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November sales totaled $ and December sales were $ Prepare a schedule of cash receipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February 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.
tableTotal sales,January,FebruaryCash Receipts from Customers:,,NovCredit sales, collection of Nov. sales in Jan.,,DecCredit sales, collection of Dec. sales in Jan.,,DecCredit sales, collection of Dec. sales in Feb.,,JanCredit sales, collection of Jan. sales in Jan.,,JanCredit sales, collection of Jan. sales in Feb.,,FebCredit sales, collection of Feb. sales in Feb.,,Total cash receipts from customers,,
Determine the Net Accounts Receivable balance on February
Included in
Accounts Receivable at February
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