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Victoria\'s Apparel Credit Sales September $50,000 Sales Collected in month of s

ID: 2692859 • Letter: V

Question

Victoria's Apparel Credit Sales September $50,000
Sales Collected in month of sales 20% Fourth Quarter
Sales Collected the following month 70% October $40,000
Sales never collected 10% November $35,000




December $60,000






Solution:






September October November December

Credit Sales

20% collected

70% collected

Total Collected

Victoria's Apparel Credit Sales September $50,000
Sales Collected in month of sales 20% Fourth Quarter
Sales Collected the following month 70% October $40,000
Sales never collected 10% November $35,000




December $60,000






Solution:






September October November December

Credit Sales

20% collected

70% collected

Total Collected

Explanation / Answer

sep

october

nove

dec

Credit sales

50,000

40,000

35,000

60,000

20%

8000

7,000

12,000

70%

35,000

28,000

24,000

Total

43,000

35,000

36,500

sep

october

nove

dec

Credit sales

50,000

40,000

35,000

60,000

20%

8000

7,000

12,000

70%

35,000

28,000

24,000

Total

43,000

35,000

36,500