chedule of Cash Collections of Accounts Receivable Pet Supplies Inc., a pet wholesale supplier, was organized on January 1. Projected sales for each of the first three months of operations are as follows: An sales are on account. 52% of sales are expected to be collected in the month of the sale, 43% in the month following the sale, and the remainder in the second morth following the sate. Prepare a schedule indicating cash collections from sales for January. February, and March. All sales are on account. 52% of sales are expected to be collected in the month of the sale, 43% in the month follo remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales foc January, February, and March