Exercise 13-13

Exercise 13-13 - May June July Receipts from cash sales:...

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Exercise 13-13 Name: Section: Score: 100% *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
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Unformatted text preview: 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 0 0 Col ected in June 0 113,400 0 Col ected in July 0 0 48,600 June sales on account: Col ected in June 0 202,500 0 Col ected in July 0 0 141,750 July sales on account: Col ected in July 0 0 270,000 Cash balance at end of month $198,000 $360,900 $520,350 Instructions...
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This note was uploaded on 02/23/2012 for the course ACC 101 taught by Professor Jeff during the Spring '12 term at Lansing.

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