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Yordi Company expects total sales of $ 3 6 8 , 0 0 0 in January and $ 4 1 5 , 0 0 0
Yordi Company expects total sales of $ in January and $ in February. Assume that Yordi Company's sales are collected as follows:
View Yordi Company's sales collection schedule.
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.
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 Recelpts from Customers
tableJanuary,FebruaryTotal salesJanuary,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,,
Sales Collection Schedule
in the month of the sale
in the month after the sale
two months after the sales
never collected
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