5. Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale, 30% was collected the month after the sale, and 10% was collected the second month after the sale. Nov. Dec. Jan. Feb. $25,000 $35,000 $20,000 $25,000 PLEASE NOTE: All dollar amounts will be rounded to whole dollars with "$" and commas as needed (i.e. $12,345). If no dollar amount is needed, please use "$0" - no quotation marks. Given the collection information and sales shown, complete the cash collections schedule below to determine how much cash will be collected in January and February
5. Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale, 30% was collected the month after the sale, and 10% was collected the second month after the sale.
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Nov. Dec. Jan. Feb. $25,000 $35,000 $20,000 $25,000 |
PLEASE NOTE: All dollar amounts will be rounded to whole dollars with "$" and commas as needed (i.e. $12,345). If no dollar amount is needed, please use "$0" - no quotation marks.
Given the collection information and sales shown, complete the cash collections schedule below to determine how much cash will be collected in January and February
| Wax On Candles |
| Cash Collections Schedule |
| For January and February, 2019 |
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