Berry expects total sales of $359,000 in January and 5405.000 in February. Berry has the...
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Berry expects total sales of $359,000 in January and 5405.000 in February. Berry has the following schedule of cash receipts: PER (Click on the icon to view the schedule of cash receipts.) Now assume that Berry's sales are collected as follows Click on the icon to view new cash receipts assumptions) November sales totaled 5350,000, and December sales were $325.000 Prepare a revised schedule of cash receipts for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty, do not enter a zero.) Cash Receipts from Customers Total sales Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec, sales in Jan. Dec.--Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers
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