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Author Question: Bauer Corporation anticipates the following sales revenue over a five month ... (Read 32 times)

Marty

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on: Jan 5, 2020
Bauer Corporation anticipates the following sales revenue over a five month period:

​NovemberDecemberJanuaryFebruaryMarch
Sales revenue$20,000$22,000$26,000$18,000$21,000

Bauer Corporation's sales are 40% cash and 60% credit. The Bauer Corporation's collection history indicates that credit sales are collected as follows:

Month of sale20%
Month after sale50%
Two months after sale25%
Uncollectible5%

Required:
Prepare a cash collections budget for each month in the quarter (January, February, and March) and for the quarter in total.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by Marty on Jan 5, 2020

tofugiraffe

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Marty

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review

phuda

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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