Bruno industries expects credit sales for january february, Ask an Expert

Accounting

Bruno Industries expects credit sales for January, February, and March to be $209,400, $266,140, and $319,990, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.

	Collections from Customers
Credit Sales	January	February	March
January	$	$	$
February
March
	$	$	$

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