Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. october sales-$4,000. budgeted sales: $6,000 nov &

October sales-$4,000. Budgeted sales: $6,000 Nov & $8,000 Dec. Collections: 50% month of sale. 30%...

80.2K

Verified Solution

Question

Accounting

October sales-$4,000. Budgeted sales: $6,000 Nov & $8,000 Dec. Collections: 50% month of sale. 30% month after sale ; 15% second month after sale. Budgeted collections for December? $10,400 $8,000 $6,400 image

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Geometry
1.2K views

Place the steps in order below for solving the equation 4 x 7 12 28...

Basic Math
1.2K views

Let Q1, Q2, Q3, Q4 be constants so that R (2x + 3) sin 4x...

Biology
1.2K views

What type of genetic inheritance determines the ABO blood group system? What are the relations of...

Biology
1.2K views

Which statement best describes MOST mutations?Most mutations occurs in gametes and lead to offspring with...

Basic Math
1.2K views

The coordinates of three vertices of parallelogram ABCD are A(-3,-2), B(0,2), and C(2,2). What are...

Calculus
1.2K views

Differentiate the following function V r V r 43 7

Accounting
1.2K views

Delilah receives a proportionate, nonliquidating distribution from the Carbon Partnership. The distribution consists of $50,000...

Accounting
1.2K views

The financial statements of Starnight Ltd (Starnight) showed a total equity balance of $2...

Accounting
1.2K views

At December 31, Hawke Company reports the following results for its calendar year. Credit sales...

Accounting
1.2K views

4. Which of the following would increase the value of an investment in associate? ...

Accounting
1.2K views

Most Company has an opportunity to invest in one of two new projects. Project Y...

Finance
1.2K views

Ever the risk taker, Max has invested in another of Sams companies. This time, he...