\fRequired: Determine the following O Cash collections on accounts receivable during: a. January 2019 b. March 2019 0 c. May 2019 Accounts receivable balance at the end of: d. February 2019 e. April 2019 f. June 2019 SOLUTION GUIDE to Item Problem No. 5 (Please copy these solution guides in your notebook) Schedule of 2019 Monthly Collections Months Net Sales January February March April May June November P 450,000 December P 460,000 anuary P 480,000 February P 420,000 March P 500,000 April P 550.000 May P 600,000 June P 700,000 TOTAL collections Analysis Schedule of 2019 Monthly Accounts Receivable anuary February March April NEW June AR, beginning + Net Sales $ 480 DDD $ 420,000 $ 500,000 $ 550,000 $ 600,000 $ 700,DDD - Collections AR, ending