Circle A Company is preparing its cash collections budget for the 2^nd quarter of 2012. Budgeted sales are as follows:
Accounts receivable at March 31 were $14,000. The budget assumes that 20% of credit sales are collected in the month of sale, and the remaining 80% are collected one month later. Using the format below, please prepare the cash collections budget.

Question

Circle A Company is preparing its cash collections budget for the 2^nd quarter of 2012. Budgeted sales are as follows:

Circle A Company is preparing its cash collections budget for the 2<sup>nd</sup> quarter of 2012. Budgeted sales are as follows: Accounts receivable at March 31 were $14,000. The budget assumes that 20% of credit sales are collected in the month of sale, and the remaining 80% are collected one month later. Using the format below, please prepare the cash collections budget.

Accounts receivable at March 31 were $14,000. The budget assumes that 20% of credit sales are collected in the month of sale, and the remaining 80% are collected one month later. Using the format below, please prepare the cash collections budget.
Circle A Company is preparing its cash collections budget for the 2<sup>nd</sup> quarter of 2012. Budgeted sales are as follows: Accounts receivable at March 31 were $14,000. The budget assumes that 20% of credit sales are collected in the month of sale, and the remaining 80% are collected one month later. Using the format below, please prepare the cash collections budget.

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The Answer of Circle A Company is preparing its cash collections budget for the 2^nd quarter of 2012. Budgeted sales are as follows: Accounts receivable at March 31 were $14,000. The budget assumes that 20% of credit sales are collected in the month of sale, and the remaining 80% are collected one month later. Using the format below, please prepare the cash collections budget.

Circle a Company Is Preparing Its Cash Collections Budget for the 2nd

Circle a Company Is Preparing Its Cash Collections Budget for the 2^nd