Clay Chatte pour What the went to be relied in de fordi 37.000 h 200 em M80 QUESTION 17 Minor Landscaping Company is preparing its budget for January February, and March of 2021 The budgeting process requires cash receipts schedule and a cash payments schedule be prepared The following information has been provided Clients usually pay 80% of their fee in the month that service is provided, 40% the month after the service is provided Actual service revenue for 2020 and expected service revenues for 2021 are: November 2010, $150,000, December 2020, 3160,000 January 2021, $130,000; February 2020, $135,000: March 2021, $155,000 Purchases on landscaping supplies (direct materials) are paid 45% in the month of purchase and 56% the following month. Actual purchases for 2020 and expected purchases for 2021 wre: December 2020, $31,000, January 2021. $30,000: February 2021, $32.000 March 2021, $37,000. Instructions (a) Prepare the following schedules, in GOOD FORM, for each month January, February, and March of 2021: > Expected collections from clients. QUESTION 17 Minor Landecaping Company is preparing the budget for January February, and March of 2021. The budgeting process requires that a cash receipts schedule and a cash payments schedule be prepared The following information has been provided Clients usually pay eos of their too in the month that service in provided, 40% the month after the service is provided Actual service revenue for 2020 and expected service revenue for 2021 are: November 2010, 8150,000, December 2020, $100.000, January 2021, $130,000, February 2026, 5135.000; March 2021, 6165.000 Purchases on tardecaping supplies (direct materials) are paid 48% in the month of purchase and 56% the following month. Actual purchases for 2020 and expected purchases for 2021 ro. December 2020, $31.006: January 2021, $30,000; February 2021, $32,000, March 2021, $37.000 Instructions (a) Prepare the following schedules, in GOOD FORM, for each month January, February, and March of 2021: > Expected collections from clients Be sure all computations are clearly provided