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Capp Corporation is a wholesaler of industrial goods. Data regarding the store\'s operations follow: Solution Answer :- Capp Corporation Schedule of Expected Cash Collections .

Capp Corporation is a wholesaler of industrial goods. Data regarding the store's operations
follow:
Capp Corporation is a wholesaler of industrial goods. Data regarding the store's operations
follow:
Solution
Answer :-
Capp Corporation Schedule of Expected Cash Collections
Capp Corporation Schedule of Expected Cash Collections
Month November December
Budgeted Sales 270000 280000
Expected cash Collection :-
Account receivable 62000
November Sales (270000*65%)= 175500 (270000*32%)= 86400
December Sales (280000*65%)= 182000
Total cash collections ( 62000+175500)= 237500 ( 86400+182000)= 268400

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1. Capp Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow: Capp Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow: Solution Answer :- Capp Corporation Schedule of Expected Cash Collections Capp Corporation Schedule of Expected Cash Collections Month November December Budgeted Sales 270000 280000 Expected cash Collection :- Account receivable 62000 November Sales (270000*65%)= 175500 (270000*32%)= 86400 December Sales (280000*65%)= 182000 Total cash collections ( 62000+175500)= 237500 ( 86400+182000)= 268400