Ruby Service anticipates the following sales revenue over a fivemonth period:
Its collection history indicates that credit sales are collected as follows:
Click the icon to view the sales data.
Click the icon to view the collections data.
The company's sales are cash and credit.
How much cash will be collected in January? In February? In March? For the quarter th tatain
Complete the cash budget to determine how much cash will be collected in January, February, March and for the quarter in total. Round your answers to the nearest whole dollar.
Ruby Service
Cash Collections Budget
For the Months of January through March
tableFor the Months of January through March,Cash sales,January February March
Collection of credit sales:
Month of sale More info
Month after
Two months after
Total cash collections
Data table
in the month of the sale
in the month after the sale
two months after the sale
are never collected
Pls help ill give you a thumbs up
