Block of 2 questions Company K provides you with information regarding its sales forecasts Dollar...
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Accounting
Block of 2 questions Company K provides you with information regarding its sales forecasts Dollar sales January $ 80,000 February 90,000 $ March $ 70,000 April $ 50,000 Sales are 40% cash and the rest on credit. 70% of credit sales are collected during the month of the sale, 15% in the month following the month of the sale and 10% in the second following month that of the sale. The rest is not collected. AT Question 15 (1 point) What should be the amount of revenue from sales in March? 0 $ 70,300 $ 011,700 0 $ 52,700 0 $ 65,500 Page 15 di Next page
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