Check 9 Problem 6-20 Cash receipts schedule (LO6-1) po Eastern Auto Parts Inc. has 25 percent of its sales paid for in cash and 75 percent on credit. All credit accounts are collected in the following month Assume the following sales Rennes February Lory March April S75.000 65 000 110 000 SE000 Sales in December of the prior year were $85.000 Prepare a cash receipts schedule for January through April Estem Auto Parts loc Jay February March April Sales Cash receipts Casal Prior months credit sales (MC Graw Hall INSAM