1.

DATA TABLE

JANUARY 204,000

FEBRUARY 230,000

MARCH 241,000

2.

Suppose a lumber yard has the following data: - Accounts receivable, May 31: (0,30 May sales of $358,000)=$107,400 - Monthly forecasted sales: June, $435,000; July, $446,000; August, $507,000; September, $530,000 Sales consist of 70% cash and 30% credit. All credit accounts are collected in the month following the sales. Uncollectible accounts are negligible and may be ignored. Requirement 1. Prepare a sales budget schedule and a cash collections budget schedule for June, July, and August. Requirement 1. Prepare a sales budget schedule for June, July, and August. A Chito clothing wholesaler was preparing its sales budget for the first quarter of 208. Forecast sales are as follows (in thousands of yen): (Click the icon to view the sales forecast.) Sales are 40% cash and 60% on credit. Fifty - five percent of the credit accounts are collected in the month of sale, 35% in the month following the sale, and 10% in the following month. No uncollectible accounts are anticipated. Accounts receivable at the beginning of 208 are $99,900 (10\% of November credit sales of $130,000 and 55% of December credit sales of $158,000). Requirement 1. Prepare a schedule showing sales and cash collections for January, February, and March, 20x8. (Enter all values in thousands of yen): Requirement 1. Prepare a schedule showing sales for January, February, and March, 208