Consider the expected sales for the next 2 semesters in 2018: Semester 1S 2S Sales 36000 45000

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Consider the expected sales for the next 2 semesters in 2018:

Semester 1S 2S

Sales €36000 €45000

The credit sales policy is 40 days. The ending receivable account in 2017 was €15000.Compute the cash collection from sales for the 2 semesters.

Related Book For answer-question

Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118983270

7th edition

Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith

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Posted Date: Sep 13, 2020 09:15 AM

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Consider the expected sales for the next 2 semesters in 2018: Semester 1S 2S Sales 36000 45000

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21 1S 2S A Sales 36000 45000 BA18040 40 day... View the full answer

Government and Not for Profit Accounting Concepts and Practices

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