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From the following data for Fantastic Sales, calculate the receipts from the accounts receivable for September, October and November 2020. Actual Estimated July August September

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From the following data for Fantastic Sales, calculate the receipts from the accounts receivable for September, October and November 2020. Actual Estimated July August September October November Credit sales $105 000 $90 000 $92000 $106 000 $87 000 Note: Credit sales are normally settled according to the following pattern: 20 percent in the month of the sale, 50 percent in the month following the sale and the remainder in the second month following the sale

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