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    delgadoj8's Avatar
    delgadoj8 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 10, 2009, 12:37 PM
    Expected cash collections-Managerial Accounting
    A homework question is asking to create expected cash collections for September, but it breaks down cash sales and sales on account for July, August, September. July and August numbers are actual and sept are expected. My question is do I ignore the cash sales to prepare the expected cash collections? Do I ignore actual sales?

    Thanks much,

    Javier
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Apr 10, 2009, 01:01 PM

    You are not to ignore what is given to you.
    This is an indication what is likely to happen if
    Things follow the usual pattern.
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