Collection from Customers
Month of Sales
November
December
January
Credit Sales
10,000,000.00
5,000,000.00
6,784,000.00
February
7,462,400.00
March
8,208,640.00
Collections
Cash Sales
Total Collections
January
500,000.00
2,500,000.00
1,462,630.40
1,221,120.00
February
250,000.00
3,392,000.00
1,608,893.44
1,343,232.00
5,683,750.40
1,696,000.00
7,379,750.40
6,594,125.44
1,865,600.00
8,459,725.44
March
339,200.00
3,731,200.00
1,769,782.78
1,477,555.20
7,317,737.98
2,052,160.00
9,369,897.98
Total
500,000.00
2,750,000.00
5,193,830.40
1,221,120.00
5,340,093.44
1,343,232.00
1,769,782.78
1,477,555.20
19,595,613.82
5,613,760.00
25,209,373.82