Fill in the missing amounts in the following schedules April May June Sales $268,000 $201,000 $303,600 Cash receipts From cash sales $134,000 $100,500 $151,800 From sales on account 113,900 Total cash receipts $214,400 Half of each month 's sales are on account March sales amounted to $201,000 60 o...

Calculate missing figures as follows Sno Particulars Apri ...

Fill in the missing amounts in the following schedules. April May June Sales $268,000 $201,000 $303,600 Cash

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Fill in the missing amounts in the following schedules.

	April	May	June
Sales	$268,000	$201,000	$303,600
Cash receipts:
From cash sales	$134,000	$100,500	$151,800
From sales on account		113,900
Total cash receipts		$214,400

Half of each month's sales are on account. March sales amounted to $201,000.

60% of credit sales is collected in the month of sale: 40% is collected in the following month.

Yen is the Japanese national currency

Related Book For answer-question

College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Posted Date: Mar 09, 2022 03:02 AM

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Fill in the missing amounts in the following schedules. April May June Sales $268,000 $201,000 $303,600 Cash

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