A Tahara clothing wholesaler was preparing its sales budget for the first quarter of 20X8. Forecast sales are as follows (in thousands of yen): B (Click the icon to view the sales forecast.) Sales are 40% cash and 60% on credit. Seventy-five percent of the credit accounts are collected in the month of sale, 15% in the month following the sale, and 10% in the following month. No uncollectible accounts are anticipated. Accounts receivable at the beginning of 20X8 are 130,000 (10% of November credit sales of $130,000 and 75% of December credit sales of $156,000). Requirement 1. Prepare a schedule showing sales and cash collections for January, February, and Marcha 20X8. (Enter all values in thousands of yen): Requirement 1. Prepare a schedule showing sales for January, February, and March, 20X8. Sales budget January February March Credit sales Enter any number in the edit fields and then click Check Answer ? 3 parts remaining Clear All Cback ADAC (Click the icon to view the sales forecast.) les are 40% cash and 60% on credit. Seventy-five percent of the credit accounts are collected in anticipated. Accounts receivable at the beginning of 20X8 are 130,000 (10% of November credit equirement Prepare a schedule showing sales and cash collections for January, February, and March, Requirement 1. Prepare a schedule showing sales for January, February, and March, 20X8. Sales budget January February March Credit sales Cash sales Total sales Enter any number in the edit fields and then click Check Answer. 3 parts remaining Cles Type here to search O I c w the sales Sl.) 60% on credit. Seventy-five percent of the credit account month following the sale, and 10% in the following month- Accounts receivable at the beginning of 20X8 are 139,00 0 i Data Table . x ruar du IV atel January February March 207,000 223,000 245,000 March M Print Done in the edit fields and then click Check Answer. Clear All Check Answe e here to search