Complete the schedules and find accounts receivable and payable

CACULATORI?FULL SCREEN!! PRINTER VERSION -BACK Exercise 9-18 Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. dients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receiving service, Actual service revenue for 2016 and expected service revenues for 2017 are November 2016, $93,280; December 2016, $84,030; January 2017, $102,060; February 2017, $123,830; March 2017, $132,290 Purchases of landscaping supplies direct materials are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2016 and expected purchases for 2017 are December 2016, $16,950: January 2017, $17,820; February 2017, $17,750; March 2017, $19,030. Prepare the following schedules for each month in the first quarter of 2017 and for the quarter in total: (1) Expected collections from dients GREEN LANDSCAPING INC Schedule of Expected Collections From Clients For the Querter Ending March 312017 January February Harch Quarter November December January February 93200 $ $ 9320 shared assignmenttest aglit nilhanm2198381;N 100 Arved. A Dris on ong nmtasera