{"id":47405,"date":"2022-03-31T17:09:27","date_gmt":"2022-03-31T17:09:27","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/woodpecker-co-has-296000-in-accounts-receivable-on-january-1\/"},"modified":"2022-03-31T17:09:27","modified_gmt":"2022-03-31T17:09:27","slug":"woodpecker-co-has-296000-in-accounts-receivable-on-january-1","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/woodpecker-co-has-296000-in-accounts-receivable-on-january-1\/","title":{"rendered":"Woodpecker co. has $296000 in accounts receivable on january 1."},"content":{"rendered":"<div>\n<p>Woodpecker Co. has $296000 in accounts receivable on January 1. Budgeted sales for January are $860000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash collections are sales from:<\/p>\n<p>A. $812,000<\/p>\n<p>B. $688,000<\/p>\n<p>C. $468,000<\/p>\n<p>D. $984,000<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Woodpecker Co. has $296000 in accounts receivable on January 1. Budgeted sales for January are $860000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-47405","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/47405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=47405"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/47405\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=47405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=47405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=47405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}