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ACC 206 Week 4 Exercise Solution Latest 2015 100% Satisfaction Guaranteed!

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Chapter 6 and 7 Answers

 

Chapter 6 Exercise 2

2. Schedule of cash collections

 

 

A.     Schedule of cash collections

 

Sugarland Company

Schedule of Cash Collections

                                                           

                       

May

June

July

Total

Cash Sales:

 

 

 

 

         May

$ 18,000

-

-

$ 18,000

         June

-

$ 24,000

-

24,000

         July

-

-

$ 25,500

25,500

Account sales collections :

 

 

 

 

        May

25,200

14,700

-

39,900

        June

-

33,600

19,600

53,200

        July

-

-

35,700

35,700

TOTAL CASH COLLECTIONS

$ 43,200

$ 72,300

$ 80,800

$ 196,300

 

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Chapter 6 and 7 Answers Chapter 6 Exercise 2 2. Schedule of cash collections A. Schedule of cash collections Sugarland Com...
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