Page 1 of 1
3 Be. 208-7 The following credit sales are budgeted by Green Company: January $170,000 February 150,000 March 170,000 Ap
Posted: Tue Nov 16, 2021 8:53 am
by answerhappygod
- 3 Be 208 7 The Following Credit Sales Are Budgeted By Green Company January 170 000 February 150 000 March 170 000 Ap 1 (27.13 KiB) Viewed 90 times
3 Be. 208-7 The following credit sales are budgeted by Green
Company: January $170,000 February 150,000 March 170,000 April 190,000 The
company's past experience indicates that 80% of the accounts receivable are collected in the month of sale and 20% in the month following the sale. Determine cash receipts for February and March. February cash receipts = + = March cash receipts = +