Question

Q1 Q2 Q3 Q4 Beginning receivables 900 Sales 3200 4600 5800 6100 Cash Collections Ending Receivables...

Q1

Q2

Q3

Q4

Beginning receivables

900

Sales

3200

4600

5800

6100

Cash Collections

Ending Receivables

Problem 1: Accounts receivable at the beginning of the year are $900. Tenzing has a 45-day collection period.   Calculate cash collections for Q1, Q2, Q3, Q4 Rounding to 2nd decimal place.

Problem 2: Accounts receivable at the beginning of the year are $900. Tenzing has a 90-day collection period.   Calculate cash collections for Q1, Q2, Q3, Q4 Rounding to 2nd decimal place.

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