2. Calculate the total receipts for March & April by doing the following information. (6pike)...
60.1K
Verified Solution
Link Copied!
Question
Accounting
2. Calculate the total receipts for March & April by doing the following information. (6pike) An extract from the sales budget shows the following sales values: February 12,000
March 18,000
April 15,800
45% of sales are expected to be collected immediately. Of credit sales, 70% is expected to be repaid the following month after sales benefiting from a 4% discount for early sites. 30% are expected to be paid in full in the second month after the month of sale. January sales were 13,000!
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.