Cash Balance October 1st 92 250 Cash Sales In October 450 000 Credit Sales For The Month Of August 300 000 September 1 (57.89 KiB) Viewed 19 times
Cash Balance October 1st 92 250 Cash Sales In October 450 000 Credit Sales For The Month Of August 300 000 September 2 (60.67 KiB) Viewed 19 times
Cash balance, October 1st $ 92,250 Cash sales in October 450,000 Credit sales for the month of: August 300,000 September 225,000 October 375,000 Purchases for the month of: September 337,500 October 300,000 Other expenses in October: Salaries 243,750 Utilities 24,750 Depreciation 75,000 70% of credit sales are collected in the month of sale, 15% in the following month, and 10% in the second month following the sale. 25% of purchases are paid in the month of purchase and the remaining 75% in the following month 100% of other expenses are paid in the month recorded. Question 33 (2 points)
Question 33 (2 points) Calculate the anticipated cash receipts from accounts receivable in the month of October. A Question 34 (2 points) Calculate the anticipated total cash available from all sources in the month of October A/ Question 35 (2 points) Calculate the anticipated cash payments for purchases in the month of October. A/ Question 36 (1 point) Calculate the anticipated cash payments for other expenses in the month of October A/
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