Bates Corporation Has Prepared the Following Sales Budget Credit Sales Are 80% of Total Sales

question 10

Essay

Bates Corporation has prepared the following sales budget: $\begin{array}{lr}\text { Month }&\text { Expected Sales }\\\hline\text { May } & \$ 84,000 \\\text { June } & 100,000 \\\text { July } & 92,000 \\\text { August } & 116,000 \\\text { September } & 98,000\end{array}$ Credit sales are 80% of total sales.Collections are 80% in the month of sale, 15% in the month following the sale.The remaining 5% is expected to be uncollectible.
Required: Prepare a schedule of cash collections for June through August.

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Definitions:

Postoperative Exercises

Physical movements or activities recommended after surgery to aid in recovery, improve function, and prevent complications.

Incentive Spirometer

A medical device used to help patients improve the functioning of their lungs and prevent pulmonary complications by encouraging deep breathing exercises after surgery or during lung illness.

Minimizing Discomfort

The process of reducing pain or unease in a patient or individual through various methods and interventions.

Postoperative

Referring to the period or phase immediately following a surgical procedure, during which patient recovery and monitoring are critical.