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Case (6); The total sales for 2019 , Q1 $ 100,000, Q2 300,000, Q3 400,000, Q4 200,000 The company collected 50% of sales in the

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Case (6); The total sales for 2019 , Q1 $ 100,000, Q2 300,000, Q3 400,000, Q4 200,000 The company collected 50% of sales in the quarter in which the sale is made and 30% in the next quarter and 20% in the following quarter , the balance of A/R for Dec,2018 was $ 60,000 Required: Prepare the Cash Collections Budget

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