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$19,000 at a gain of $7,000. Accumulated depreciation on this equipment is $6,000 udget for the sale of the equipment is $ in August and 9,700 cases in September. Each case sells for $18 Cash sales average 40% of total sales, and credit sales make up t 20,000 cted the followipa.month More Info dget for the o a. Management expects to sell equipment that cost $19,000 at a gain of $7,000 Accumulated depreciation on this equipment is $6,000 b. Management expects to sell 7,800 cases of water in August and 9,700 cases in September. Each case sells for $18 Cash sales average 40% of total sales, and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. c. The company pays rent and property taxes of $3,600 each month. Commissions and other selling expenses average 30% of sales. Agua Puro pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month. Print Done heck Answer Clear All a Score: 0.33 of 1 pt Hw Score: 71.97%, 2.88 of 4 pts 2 of 4 (4 complete) R E22-33 (similar to) Agua Puro is a distributor of bottled water For each of the items, compute the amount of cash receipts or payments Aqua Puro will budget for September. The solution to one tem mary depend on the arswer to an earier tem Queston Help Round your answers to the nearest whole dolar) Cick the icon to view the nems.) a. Management expects to sell equipment that cost $19,000 at a gain of $7,000 Accumaated depreciation on this equipment is $6,000 a. The amount of cash recepts the company will budget for the sale of the equipment is $ b Management expetsto sell 7 Ocases of water n Augsad 9 700 cases n September Each ase sels fr St8 Cash sai sa e ape 40% of"altaes arderea si s makeup-test Thre i rts fend' ue re 20,000 collected in the month of sale, with the balance collected the following month b. The amount of cash receipts the company will budget for the collection of sale revenueisL anogement expecto to sell 1,800 Cases of water in August and , 100 ooses in september.tach ase setls forSi8,Cash Sale avevoge 40% of total Sales, and creclit sales make up the rest. Thee-furths of creelt Sales ar collected in the month of Sale th the balanc collectrd the follaus ng month

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