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29 July, 21:13

Assume each month has 30 days and AmDent has a 60-day accounts receivable period. During the second calendar quarter of the year (April, May, and June), AmDent will collect payment for the sales it made during which of the months listed below? A. October, November, and December B. November, December, and January C. December, January, and February D. January, February, and March E. February, March, and April

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  1. 29 July, 21:38
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    The correct answer is E

    E. February, March and April

    Explanation:

    Payment for February will be received in April

    Payment for March will be received in May

    Payment for April will be received in June

    the second quarter is April. May and June
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