Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: June sales were $5,000 while projected sales for July and August were $6,500 and $7,000, respectivel
Post by: bernie2981 on Nov 14, 2015
June sales were $5,000 while projected sales for July and August were $6,500 and $7,000, respectively. Sales are 35% cash and 65% credit. All credit sales are collected in the month following the sale. What are the total expected collections for July?
A) $5,975
B) $6,825
C) $7,975
D) $5,525


Title: Re: June sales were $5,000 while projected sales for July and August were $6,500 and $7,000, respect
Post by: nuclei on Nov 15, 2015
Content hidden