Calculate the estimated cash from all sources for march

Assignment Help Accounting Basics

Reference no: EM13258364

Need help finding the cash receipts for March:

Assume20% of all sales are cash sales; remaining 80% are sales onaccount
10% ofsales on account are collected in the month of sale; 60% in themonth following; 30% in the 2^nd month following

· Projections Sales

· November 100,000

December 120,000

January 150,000

February 170,000

March 200,000

Calculate the estimated cash from all sources for March.

March Cash Receipts from allsources$.

Reference no: EM13258364

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