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re collected as follow Yog expects total sales of $360.000 January and $400.000 m February. Assume that yoga ICR the con to v
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Answer #1
Cash Receipts from Customers
January February
Total Sales                              3,60,000.00                              4,00,000.00
Cash Receipts from Customers:
Nov credit sales,collection of nov sales in Jan                                 20,400.00                                              -  
Dec credit sales,collection of dec sales in Jan                                 26,000.00                                              -  
Dec credit sales,collection of dec sales in Feb                                              -                                   15,600.00
Jan credit sales,collection of jan sales in Jan                              2,88,000.00                                              -  
Jan credit sales,collection of jan sales in Feb                                              -                                   36,000.00
Feb credit sales,collection of feb sales in Feb                                              -                                3,20,000.00
Total                              3,34,400.00                              3,71,600.00
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