Business, 27.06.2020 02:01, imsatyam9365

Schedule of Cash Collections of Accounts Receivable Pet Supplies Inc., a pet wholesale supplier, was organized on January 1. Projected sales for each of the first three months of operations are as follows: January $170,000 February 220,000 March 290,000 All sales are on account. 50% of sales are expected to be collected in the month of the sale, 46% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for January, February, and March.

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Schedule of Cash Collections of Accounts Receivable Pet Supplies Inc., a pet wholesale supplier, was...