13-13Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 13-13 Name: Section: Score: 50% *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. PETJOY WHOLESALE INC. Schedule of Col ections from Sales For the Three Months Ending July 31, 2010 May June July Receipts from cash sales: Total cash receipts May sales on account: Col ected in May Col ected in June Col ected in July June sales on account: Col ected in June Col ected in July July sales on account: Col ected in July Cash balance at end of month Instructions
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Exercise 13-13 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON *Since some answer boxes are correct when left blank, the beginning score is greater than 0%.
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Unformatted text preview: Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. PETJOY WHOLESALE INC. Schedule of Col ections from Sales For the Three Months Ending July 31, 2010 May June July Receipts from cash sales: Total cash receipts $36,000 $45,000 $60,000 May sales on account: Col ected in May 162,000 Col ected in June 113,400 Col ected in July 48,600 June sales on account: Col ected in June 202,500 Col ected in July 141,750 July sales on account: Col ected in July 270,000 Cash balance at end of month $198,000 $360,900 $520,350 Instructions...
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13-13Ex_5e_s - Answers are entered in the cells with gray...

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