12-417e-8ab9-2cb5de923331#/question/0 Question 1 of 28 - 122 not enter 0.) Prepare Vaughn & Thomas's cash receipts budget for the first quarter. (Enter answers in necessary fields only. Leave other fields blank. Do Cash Receipts Budget January February Qu March Total ( Acco December credit sales $ 98,200 $ $ Que Multip January sales 347,760 Quest February sales True/Falls Questic March sales Multiple C 445,960 $ $ Question Totals Multiple Cho Question True/False Determine the Net Accounts Receivable at the end of the quarter. Assume that there are no outstanding accounts receivable and Question 8 allowance for doubtful accounts balances at the beginning of December for the prior year. Multiple Choice Net Accounts Receivable $ O 80 F Mostly cloudy-2cb5de923331#/question/0 Question 1 of 28 - 122 The company makes all sales on credit. Dorothy recently reviewed the company's collection history and found that 72% of the sales are collected in the month of the sale, 26% of sales are collected in the month following the sale, and 2% of sales are uncollectible. The company expects to have a net accounts receivable balance of $98,200 on January 1, and this amount represents the remaining receivables from December's sales. not enter 0.) Prepare Vaughn & Thomas's cash receipts budget for the first quarter. (Enter answers in necessary fields only. Leave other fields blank. Do Qu Cash Receipts Budget Mul January February March Total ( Que True December credit sales $ 98,200 $ $ S Ques January sales 347.760 Multipi Quest February sales Multiple March sales Questi True/False 445,960 $ Totals $ I Question Multiple Ch Determine the Net Accounts Receivable at the end of the quarter. Assume that there are no outstanding accounts receivable and W O 80 F Mostly cloudy