Kam department store reported the following information for 2013: october $1,240,000 november $1,160,000 december $1,440,000all sales are on credit. customer amounts on account are collected 50% in the month of sale and 50% in the following month. how much cash will kam receive in november?

Cash received November is $1200000

Explanation:

Given data

October sales = $1,240,000

November sales = $1,160,000

December sales = $1,440,000

to find out

cash receive in November

solution

we know that there are 3 month sales money given

and we have find in November and amounts on account collected 50% in month of sales

so cash receive = October sales x 0.5 + November sales  x 0.5

put the value we get

Cash received November = $1,240,000 x 0.5 + $1,160,000 x 0.5

Cash received November is $1200000

answer; i believe the correct answer is (a) motion for change of venue;

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number