Accounting Chapter 21 Homework May sales on account Collected in May

subject Type Homework Help
subject Pages 2
subject Words 219
subject Authors Carl S. Warren, James M. Reeve, Jonathan Duchac

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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:
Cells with non-gray backgrounds are protected and cannot be edited.
[Key code here]
Answers are entered in the cells with gray backgrounds.
Instructions
Percent of
Total Sales
Percent of
Credit Sales
PETCARE SUPPLIES INC.
Schedule of Collections from Sales
For the Three Months Ending July 31, 2014
page-pf2
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:
Cells with non-gray backgrounds are protected and cannot be edited.
Percent of
Total Sales
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
PETCARE SUPPLIES INC.

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