arked out of 0 Flag estion Lee Verly will be opening his company called LV Company in January of the next year. He predicts that January, February and March will generate $110,000, $125,000 and $140,000 worth of sales respectively. The company expects to sell 35% of its products for cash. 45% of the sales on account are expected to be collected in the month of the sale, 35% in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Cash sales Total Cash Receipts LV Company Cash Receipts For January, February and March January Collections from credit customers $ Check 59 $ February $ March e Co

Lee Verty will be opening his company called IV Company in January of the next year. He predicts that January, February and March will generate $110,000,$125,000 and $140,000 worth of sales respectively. The company expects to sell 35% of its products for cash. 45% of the sales on account are expected to be collected in the month of the sale, 35% in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget. Do notenter dollar signs or commas in the input boxes; Bound your answers to the nearest whole number. Dorah, the sole stockhcider of Barnie Inc, runs a home-cleaning service in the suburb of a large city. Her balance sheet as at August 31, 2019 is as follows: In the upcoming year, Dorab expects the following events to occur: - Total revenues of $24,000 and total expenses of $16,030 - 100\% of accounts tecenable from the prior year will be collected in the following year - Credir sales will represent 41% of revenues for the year - 100% of accounts payable owing from 2019 will be paid of in 2020 - By the end of August, 2020, Barnie will owe its suppliers 53,900 - No principal payments will be made on the bank loan during 2019 Lee Verty will be opening his company called IV Company in January of the next year. He predicts that January, February and March will generate $110,000,$125,000 and $140,000 worth of sales respectively. The company expects to sell 35% of its products for cash. 45% of the sales on account are expected to be collected in the month of the sale, 35% in the month following the sale and the remainder in the following month. Prepare the cash receipts section of the cash budget. Do notenter dollar signs or commas in the input boxes; Bound your answers to the nearest whole number. Dorah, the sole stockhcider of Barnie Inc, runs a home-cleaning service in the suburb of a large city. Her balance sheet as at August 31, 2019 is as follows: In the upcoming year, Dorab expects the following events to occur: - Total revenues of $24,000 and total expenses of $16,030 - 100\% of accounts tecenable from the prior year will be collected in the following year - Credir sales will represent 41% of revenues for the year - 100% of accounts payable owing from 2019 will be paid of in 2020 - By the end of August, 2020, Barnie will owe its suppliers 53,900 - No principal payments will be made on the bank loan during 2019