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wered of 1.00 Jestion Caldwell Company has the following sales budget for the last six...

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Accounting

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wered of 1.00 Jestion Caldwell Company has the following sales budget for the last six months of 2020: July $206,000 August $168,000 September $209,000 October $181,000 November $203,000 December $185,000 Sales are immediately due, however the cash collection of sales, historically, has been as follows: 55% of sales collected in the month of sale, 35% of sales collected in the month following the sale, 7% of sales collected in the second month following the sale, and 3% of sales are uncollectible Cash collections for September are: Select one: A. $173,750 B. $126,710 C. $199,930 D. $188,170

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