E22-26 (similar to) Question Help Armand Company projects the lawny sale for the first ree months of the year. $11.200 in January $10.200 in February: and $10.400 in March. The company species of the sales to be cash and the remainder on scount Sales on account are collected 50% in the month of these and 50% in the following month The accounts Roccable sccount has a zero balance on January 1. Round to the nearest color. Read the requirements. Requirement 1. Prepare a schedule of cash receipts for Armand for January, February, and March. What is the balance in Accounts Receivable on March 317 Leave unused and zoru balance accounr. cels blank, do not enter U". Cash Receipts from Customers January February March Total Total sales January February March Total A Requirements IN Cash Receipts from Customers Accounts Receivable balance, anuary 1 January January Credit sales, collection of January sales in January Januaryd, action allan hr in February February Cash sales Februarycredt les collection of February sales in February FebruaryCredt sales, collection of February sales in March Mardi-Cashles March-Credit sales, coletan of March sales in Mart Total cash receipts from customers 1. Prepare a schedule of cash recita Por Amand for January, February, and March. What is the balance in /counts Receivable on March 31? 2. Prepare a revised schedule of cash receipts if recipts from sales on account are 60% in the month of the sale 30% in the mouth flowing the sale and 10% in the second month following the sale. What is the balance in Accounts Receivable on March 312 Print Dona Accounts Receivable balance, March 31: MathCredit sales, sollecion of arch sales in Arl Enter any number in the edit fields and then click Check Answer. 1 part remaining Ceer Al Check Anwar