Mark Wall will be opening his company called MW Catering in January of the next...
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Mark Wall will be opening his company called MW Catering in January of the next year. He predicts that January, February and March will generate $ $ and $ worth of sales respectively. The company expects to sell of its products for cash. Of the sales on account, are expected to be collected in the month of the sale, in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. MW Catering Cash Receipts For January, February and March January February March Cash sales $Answer $Answer $Answer Collections from credit customers $Answer $Answer $Answer Total Cash Receipts $Answer $Answer $Answer
Mark Wall will be opening his company called MW Catering in January of the next year. He predicts that January, February and March will generate $ $ and $ worth of sales respectively. The company expects to sell of its products for cash. Of the sales on account, are expected to be collected in the month of the sale, in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget.
Do not enter dollar signs or commas in the input boxes.
Round your answers to the nearest whole number.
MW Catering
Cash Receipts
For January, February and March
January February March
Cash sales $Answer
$Answer
$Answer
Collections from credit customers $Answer
$Answer
$Answer
Total Cash Receipts $Answer
$Answer
$Answer
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