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Pepper Farm's Intern Was Preparing the Cash Budget for June

Question 149

Multiple Choice

Pepper Farm's intern was preparing the cash budget for June.During the month, Pepper's cash sales were $30,000 and Pepper collects 60% of credit sales during the month of sale.What was the dollar amount of Pepper's credit sales? Pepper Farm's intern was preparing the cash budget for June.During the month, Pepper's cash sales were $30,000 and Pepper collects 60% of credit sales during the month of sale.What was the dollar amount of Pepper's credit sales? A) $456,000 B) $556,000 C) $200,160 D) $476,000


A) $456,000
B) $556,000
C) $200,160
D) $476,000

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