What cash collections in june would be, Accounting Basics

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What cash collections in june would be

The PDQ Company makes collections on credit sales according to the following schedule:

25% in month of sale
70% in month following sale
4% in second month following sale
1% uncollectible

The following sales have been budgeted:
Month Sales
April $100,000
May 120,000
June 110,000

what Cash collections in June would be:

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Accounting Basics: What cash collections in june would be

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Recent Questions Asked Accounting Basics

Q : Dollar price of the wine

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Accounting Basics: What cash collections in june would be

Reference No:- TGS068529

Recent Questions Asked Accounting Basics

Q : Dollar price of the wine

Q : What should be cash collections for december

Q : Employers contribution to the pension plan

Q : Model of expected return

Q : What cash collections in june would be

Q : Find whether aims at equalising income or opportunies

Q : Supposition true of the banking industry

Q : How many units must be produced during the month

Q : Evaluate how losses will affect the taxable income

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