Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Jul 2017 My Price 3.00

LaPann Company

The LaPann Company has obtained the following sales forecast data: Cash Sales Credit Sales July $80,000 $240,000 August $70,000 $220,000 September $50,000 $180,000 October $60,000 $200,000 November $65,000 $210,000 The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. Required: a. Prepare a schedule for the three months (Sept – Nov) showing cash receipts for LaPann b. Calculate the Accounts Receivable balance for November 30th

Answers

(5)
Status NEW Posted 26 Jul 2017 04:07 PM My Price 3.00

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