An asterisk (*) will appear to the right of an incorrect entry.
May June July
Projected total monthly sales
126,000$ 145,000$ 162,000$
Receipts from cash sales:
Cash sales
May sales on account:
Collected in May
Collected in June
Collected in July
June sales on account:
Collected in June
Collected in July
July sales on account:
Collected in July
Total cash collected
0%
Exercise 21(6)-18
Name:
Section:
Score:
Key Code:
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[Key code here]
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Instructions
Percent of
Total Sales
Credit
Sales
Percent of
Credit Sales
PETCARE SUPPLIES INC.
Schedule of Collections from Sales
For the Three Months Ending July 31, 2014
An asterisk (*) will appear to the right of an incorrect entry.
May June July
Projected total monthly sales
126,000$ 145,000$ 162,000$
Receipts from cash sales:
Cash sales 10% 12,600$ 14,500$ 16,200$
Schedule of Collections from Sales
For the Three Months Ending July 31, 2014
Exercise 21(6)-18
Name:
Solution
Section:
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Percent of
Total Sales
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
PETCARE SUPPLIES INC.