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chedule of Cosh Collections of Accounts Receivable miceMart Inc. has cash and carry customers and credit customers. OfficeMart estimates that 30% of monthly sales are

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chedule of Cosh Collections of Accounts Receivable miceMart Inc. has "cash and carry customers and credit customers. OfficeMart estimates that 30% of monthly sales are to cash customers, while the remaining sales are to credit customers, or the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in the month following the month of sale. Projected sales for the next three months are as follows: October $123,000 November 154,000 December 225,000 The Accounts Receivable balance on September 30 was 582,000 Prepare a schedule of cash collections from sales for October, November, and December, Round all calculations to the nearest whole dollar officeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash sales: Cash sales 36.900 16,200 67.500 September sales on account: Collected in October 12.000 October sales on account: Collected in October 17,220 Collected in November November sales on account: Check My Work Previous Next > December 225,000 The Accounts Receivable balance on September 30 was $82,000 Prepare a schedule of cash collections from sales for October, November, and December. Round all calculations to the nearest whole dollar OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash sales Cash sales 36,500 46,200 67,500 September sales on account: Collected in October 82,000 October sales on account: Collected in October 17,220 Collected in November November sales on account: Conected in November Collected in December December sales on account: 10 Collected in December Tot cas cepts Cieck My Work Previous Neod

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