Avery Company projects the following sales for the first three months of the year 512.00 in January 510 100 in February, and 511.00 Merch The company press of the beach and on Sales on account are collected Son the month of the sale and so in the following month The Accounts Hocolate couture balance on January 1 Round in the wordt Read the Requivoment 1. Prepare a schedule of cashmergh for Avery for Sanuary February, und Much What is the balance Annection Math 7 a present supus Dei Cash Receipts from Customers Jan February March Total uary February March Total Cash Receipts from Customers Account Receivablar1 January-Credion of January in January January des collection of any in Fury he Anset i Requirements - X 1. Prepare a schedule of cash receipts for Avery for January, February, and March. What is the balance in Accounts Receivable on March 31? 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 60% in the month of the sale, 15% in the month following the sale, and 25% in the second month following the sale. What is the balance in Accounts Receivable on March 31? Print Done Avery Company projects the following sales for the first three months of the year $12,400 in January: $10,100 in February, an Sales on account are collected 50% in the month of the sale and 50% in the following month. The Accounts. Receivable accou Read the requirements Cash Receipts from Customers: Accounts Receivable balance, January 1 January-Cash sales January-Credit sales, collection of January sales in January January-Credit sales, collection of January sales in February February-Cash sales February--Credit sales, collection of February sales in February February--Credit sales collection of February sales in March March-Cash sales March-Credit sales, collection of March sales in March Total cash receipts from customers Enter any number in the edit fields and then click Check