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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 20, 2016



Title: June sales were $27,000, while projected sales for July and August were $51,000 and $69,000, ...
Post by: Deprecated on Sep 20, 2016
June sales were $27,000, while projected sales for July and August were $51,000 and $69,000, respectively. Sales are 60% cash and 40% credit. All credit sales are collected in the month following the sale. Calculate expected collections for July.
A) $30,600
B) $41,400
C) $10,800
D) $36,600


Title: Re: June sales were $27,000, while projected sales for July and August were $51,000 and $69,000, ...
Post by: Tanks on Sep 20, 2016
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Title: Re: June sales were $27,000, while projected sales for July and August were $51,000 and $69,000, ...
Post by: Deprecated on Oct 12, 2016
Thanks!