Solution-What amount be the accounts receivable balance on

What amount be the accounts receivable balance on june

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Reference no: EM131744965

Question - Xenos Company has the following sales projections for the coming months:

Month	Sales
January	$60,000
February	68,000
March	75,000
April	80,000
May	95,000
June	90,000

Xenos collects 20% of its sales in the month of sale, 45% in the month following the sale, and 35% in ther second month following the sale.

Required -

a. Prepare a schedule of cash receipts for the three months April through June.

b. What amount be the accounts receivable balance on June 30?

Reference no: EM131744965

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What amount be the accounts receivable balance on june : Xenos Company has the following sales projections for the coming months: What amount be the accounts receivable balance on June 30

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What amount be the accounts receivable balance on june

Reference no: EM131744965

Reference no: EM131744965

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