Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
9 years ago
Ted's Graduation Store sells graduation supplies to students through the college bookstore. The bank charges Ted's Graduation Store 3.25% on the total credit card sales each day to settle the credit card transactions. The college bookstore reported that consumers purchased $420 in credit card purchases. The managerial accountant needs to update the sales budget, the operating expenses budget, and the cash collections budget to account for the credit sales. What amount should the managerial accountant use to complete the sales budget, the operating expenses budget, and the cash collections budget? In which month should the managerial accountant show this data? What should the managerial accountant consider when updating the master budget?
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 253 times
2 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
#2
8 years ago
Answers my question perfectly.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  881 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 271
  
 655
  
 175
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 437
Previous poll results: Which country would you like to visit for its food?