Question

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

Answer 1

The correct answer is E

E. February, March and April

Step-by-step 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