Yogi expects total sales of $ in January and $ in February. Assume that Yogi's sales are collected as follows:
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November sales totaled $ and December sales were $ Prepare a schedule of cash receipts from customers for January and February, including the calculation Receivable balance on February Round answers to the nearest dollar. If an input field is not used in the table leave the input field empty; do not enter a zero.
Prepare a schedule of cash receipts from cus he table leave the input field empty; do not enter a zero.
Cash Receipts from Customers
Total sales
Cash Receipts from Customers:
Nov.Credit sales, collection of Nov. sale
Dec.Credit sales, collection of Dec. sale:
Dec.Credit sales, collection of Dec. sale:
Jan.Credit sales, collection of Jan. sales
Jan.Credit sales, collection of Jan. sales
Feb.Credit sales, collection of Feb. sales
Total cash receipts from customers
More info
in the month of the sale
in the month after the sale
two months after the sales
never collected
