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Wexler Company Expects Sales of $40,000 in July,$50,000 in August,and

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Wexler Company expects sales of $40,000 in July,$50,000 in August,and $30,000 in September.Wexler's experience is that 40 percent of sales are cash,and the remainder is on account.Accounts receivable are paid: 70 percent in the month of sale,and 25 percent in the following month.
Wexler Company expects sales of $40,000 in July,$50,000 in August,and $30,000 in September.Wexler's experience is that 40 percent of sales are cash,and the remainder is on account.Accounts receivable are paid: 70 percent in the month of sale,and 25 percent in the following month.

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