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13. Madlock Company has the following sales for the first quarter of 2019: B! (Click on the icon to view the sales for the first
13. Madlock Company has the following sales for the first quarter of 2019: B! (Click on the icon to view the sales for the first quarter of 2019.) Sales on account are collected the month after the sale. The Accounts Receivable balance on January 1 is $12,100, the amount of December's sales on account. Calculate the cash receipts from customers for the first three months of 2019. January February March Total cash receipts from customers Data Table March Cash sales $ January February 10,400 $ 5,500 $ 11,500 16,000 8,450 14,300 Sales on account $ 21,900 $ 21,500 $ 22,750 Total sales Print Done
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