Solution-Prepare the schedule of cash receipts from

Prepare the schedule of cash receipts from customers

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Reference no: EM132965195

Question - Yogi expects total sales of $359,000 in January and $416,000 in February. Assume that Yogi?'s sales are collected as? follows:

40% in the month of the sale

30% in the month after the sale

26% two months after the sales

4% never collected

November sales totaled $290,000?, and December sales were $350,000. Prepare the schedule of cash receipts from customers for January and February?, including the calculation for the Net Accounts Receivable balance on February 28. Round answers to the nearest dollar.? (If an input field is not used in the table leave the input field? empty; do not enter a? zero.)

Prepare the schedule of cash receipts from customers for January and February. ?(If an input field is not used in the table leave the input field? empty; do not enter a? zero.)

Reference no: EM132965195

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Prepare the schedule of cash receipts from customers

Reference no: EM132965195

Reference no: EM132965195

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