Dufferin Corporation is a locally owned sawmill based in Kamloops, B.C. You have been recently added to the accounting team and you observe the following sales, prodo collections data for the upcoming 2008 budget: 100% (ALL) Sales are on credit. Month 1 January February Forecast cash collections: In month of sale In the first month after sale In the second month after sale Bad debt (Uncollectible) 6 $ $ May Sales $ 198,500 183,300 222,000 213.400 199,100 178,700 216,600 193,300 204,000 193,200 $ September 195, 200 159,200 185,500 $ How much cash was collected in April? (2 marks) Prepare a table of the expected cash collections schedule during the third quar prepare the wrong quarter, you receive 0. What is the net balance in Accounts Receivable at July 31, 2008? HINT: you alre