Question

Collections from customers are normally 70 percent in the month of
sale, 20 percent in the month following the sale, and 9 percent in the
second month following the sale. The balance is expected to be
uncollectible. All purchases are on account. Management takes full
advantage of the 2 percent discount allowed on purchases paid for by
the tenth of the following month. Purchases for November are
budgeted at $150,000, and sales for November are forecasted at
$165,000. Cash disbursements for expenses are expected to be
$36,000 for the month of November. The company’s cash balance on
November 1 was $55,000.

Answer 1

Answer:

bakzbzkzjzkzz znznz zoakana znskskzmzse

Answer 2

Explanation:

aaaaaaaaaaayygghajkaoannji