Question: QS 2 0 - 2 1 ( Algo ) Schedule of cash receipts with uncollectibles LO P 2 Wells Company reports the following budgeted sales:
QS Algo Schedule of cash receipts with uncollectibles LO P
Wells Company reports the following budgeted sales: September, $; October, $; and November, $ All sales are on credit, and of those credit sales are budgeted as uncollectible. Collection of the remaining of credit sales are budgeted as follows: in the first month after sale and in the second month after sale. Prepare a schedule of cash receipts from sales for November.
tableWELLS COMPANYSchedule of Cash Receipts from SalesNovemberSales$
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