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January February November 60500 December 116160 XX 23232 January 217800 65340 Il February 242000 Total collections 394460 330
CALCULATOR PRINTER VERSION 4 RACK Problem 9-4A (Part Level Submission) (Video) Colter Company prepares monthly cash budgets.
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X fx january expected collections from accounts receivable january 1 february november $ 60,500 december $ 116,160 $ 77,440 j

for formulas and calculations, refer to the image below -

X fac january expected collections from accounts receivable january 1 february november =302500*20% december =387200*30% =387

In case you have any query, kindly ask in comments.

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