Second Quarter 2016 - Cash Collections Budget Budgeted Revenues By Month Month o
ID: 2466748 • Letter: S
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Second Quarter 2016 - Cash Collections Budget Budgeted Revenues By Month Month of Sale February March April May June Total 2nd. Qtr. 7,500,400 7,631,669 11,073,684 14,530,444 5,900,000 31,504,128 Budgeted Collections From Monthly Revenues February - March - April - May - June - Total Collections Month of Sale 2nd Month 3rd Month Uncollectible Total Collection Pattern 30% 50% 15% 5% 100% Second Quarter 2016 - Cash Collections Budget Budgeted Revenues By Month Month of Sale February March April May June Total 2nd. Qtr. 7,500,400 7,631,669 11,073,684 14,530,444 5,900,000 31,504,128 Budgeted Collections From Monthly Revenues February - March - April - May - June - Total Collections Month of Sale 2nd Month 3rd Month Uncollectible Total Collection Pattern 30% 50% 15% 5% 100%Explanation / Answer
Second Quarter 2016 - Cash collection Budget Budgeted Revenue By Month Month of sale February March April May June Total 2nd Quarter Sales 75,00,400.00 76,31,669.00 1,10,73,684.00 1,45,30,444.00 59,00,000.00 3,15,04,128.00 Budgeted Collections from Monthly revenues February 11,25,060.00 11,25,060.00 March 38,15,834.50 11,44,750.35 49,60,584.85 April 33,22,105.20 55,36,842.00 16,61,052.60 1,05,19,999.80 May 43,59,133.20 72,65,222.00 1,16,24,355.20 June 17,70,000.00 17,70,000.00 Total Collections 82,62,999.70 1,10,40,725.55 1,06,96,274.60 2,99,99,999.85
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