Top Posters
Since Sunday
7
6
o
5
b
4
s
3
j
3
b
3
s
3
m
3
B
3
K
3
g
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
BusyBody Company expects its November sales to be 20% higher than its October sales of $180,000. Purchases were $110,000 in October and are expected to be $160,000 in November. All sales are on credit and are collected as follows: 35% in the month of the sale and 60% in the following month. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,500. The cash balance on November 30 will be
A) $67,100.
B) $4,100.
C) $40,100.
D) $53,600.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 748 times
1 Reply
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 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...

8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ethom947
wrote...

Yesterday
Thank you, thank you, thank you!
einstein
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1062 People Browsing
 122 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 154
  
 214
  
 382
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: What's your favorite funny biology word?