If sales for January are $10,000 and sales for February are $20,000 and all sales are credit sales and the pattern of collection is 100% is collected the month following the sale, how much is collected in March? A. 10,000 B. 20,000 C. 30,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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If sales for January are $10,000 and sales for February are $20,000 and all sales are credit sales and the pattern of collection is 100% is collected the month following the sale, how much is collected in March?

A. 10,000

B. 20,000

C. 30,000

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