Question: Second Problem, Chapter 6 MonthCredit Uncollected Amounts Sales Jan 50 Feb Mar Apr 15 60 MayJune Jan Feb.120 March 100 April Ma June 100 18

Second Problem, Chapter 6 MonthCredit Uncollected Amounts Sales Jan 50 Feb

Second Problem, Chapter 6 MonthCredit Uncollected Amounts Sales Jan 50 Feb Mar Apr 15 60 MayJune Jan Feb.120 March 100 April Ma June 100 18 50 15 40 80 60 70 12 30 35 Total AR 75 68 42 From the Date above Construct aging schedules for February through June. Interpret your results Calculate DSO for Mach through June. Use 3 months to calculate average daily credit sales. Interpret your results Calculate uncollected balance percentages for February through June Interpret your results d. What technique of measuring collections is telling the true story and why

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