The cash sales and credit sales projected for California Caf…
The cash sales and credit sales projected for California Café are as follows: March April May June July Cash Sales $ 25,000 $ 23,250 $ 20,250 $ 21,000 $ 24,000 Credit Sales $ 30,750 $ 28,600 $ 24,900 $ 25,800 $ 29,500 The California Café is able to collect 60% of their credit sales during the first month following the month in which the sales occurred, and 40% during the second month following the month in which the sales occurred. #8 What amount of credit sales are collected in June?