The writer is very fast, professional and responded to the review request fast also. Thank you.
The following is the sales budget for the given months of BCO Pte Ltd.:
Cash SalesCredit Sales
March$60,000$232,000
April$34,000$219,000
May$43,000$224,000
June$48,000$290,000
July$58,000$222,000
Additional information to be used determining the expected cash collections each month that will be used in preparing the cash budget:
Collections on Credit sales:
60% in month of sale
30% in month following sale
10% in second month following sale
The Accounts Receivable balance on March 1 was $60,000. Of this amount, $40,000 represented uncollected February sales and $20,000 represented uncollected January sales. Part 1:
What is the expect cash to be collected in March? $Answer
Part 2:
The budgeted Accounts Receivable on July 1 would be: Answer
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more