graham Company projects the following sales for the first three months of the year: $11,200 in January; $10,100 in February; and $14,100 in march. The company expects 80% of the sales to be cash in the remainder on account. sales on account are collected 50% in the month of the sale and 50% in the following month. The accounts receivable account has a zero balance on January 1. round to the nearest dollar

8o fi complete) blowing sales for first three morts of the year $11200 in January: $10,100 in February: and $14,100 in Ma ch The on paye poets 80% ofthe sales to be cash he month of te sale and 50% in the flowing month. The Acounts Receivable acourt has a zero balanco on Jr ary 1. Rond to the nearest dolr. hedule of cash receipts for Graham for January, February,and March. What is the balance in Accounts Recivable on March 31? (Leave unused and zero balance account o January February Total Requirements 1. Propare a schedule of cash receipts for Graham for January, February, and March, What is the balance in Accounts Receivable on March 317 Propare a revised schedule of cash receipts if neceipts from sales on accoune arm 70% morth ofthe sale. 10% in the month folowing tho sale, and 20% in the second montblow ng he sale Whatstho balrce n Acounts Receivable on March 317 2 lection of January sales in January ection of January sales in February olection of February sales in February colection of February sales in March Print Done lection of March sales in March e edit Selds and then click Check Answer Clear All MacBook Air 3 5 W E month. The Accounts Recelvable ocount caps lock