Assume20 of all sales are cash sales remaining 80 are sales, Accounting Basics

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Assume20 of all sales are cash sales remaining 80 are sales

Need help finding the cash receipts for March:

Assume20% of all sales are cash sales; remaining 80% are sales onaccount
10% ofsales on account are collected in the month of sale; 60% in themonth following; 30% in the 2^nd month following

· Projections Sales

· November 100,000

December 120,000

January 150,000

February 170,000

March 200,000

Calculate the estimated cash from all sources for March.

March Cash Receipts from allsources$.

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Accounting Basics: Assume20 of all sales are cash sales remaining 80 are sales

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Accounting Basics: Assume20 of all sales are cash sales remaining 80 are sales

Reference No:- TGS0597080

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Following is a list of various costs incurred in producing

Q : A final suggestion is a make a 10 across-the-board price

Q : What is mikes recognized gain or loss on the sale of the

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Assume20 of all sales are cash sales remaining 80 are sales

Reference No:- TGS0597080

Recent Questions Asked Accounting Basics

Q : Following is a list of various costs incurred in producing

Q : A final suggestion is a make a 10 across-the-board price

Q : What is mikes recognized gain or loss on the sale of the

Q : Develop a guide for someone else in using the world wide

Q : Assume20 of all sales are cash sales remaining 80 are sales

Q : Unique cultural and political history of saudi arabia has

Q : Today stock is selling at 295 per share and bond is quoted

Q : Find the resultant force of a tank that is entirely filled

Q : Blue should have taken 455 and 3636 cost recovery in2006

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