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1- Suppose receipts of $20,000 are moved from March to April. (March receipts are now planned...

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Accounting

1- Suppose receipts of $20,000 aremoved from March to April. (March receipts are now planned at$94,999 while April receipts are planned at $110,210.)

- What change would this have on the total season’s receiptplan?

- What change would this have on the total season’s averagestock and turnover?

Answer & Explanation Solved by verified expert
4.1 Ratings (606 Votes)
there can be two assumptions in this case 1 season ends with March 2 season does not end with March and both April and March falls in the same season In case of 1st    See Answer
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