Hello! I did the first part for this assignment I need help with the second part.
Question Help at Marcel Company projects the following sales for the rst three months of the year: $10,800 in January; $11,600 in February; and $12,800 in March. The company expects 60% of the sales to be cash and 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. Read the muirements. Requirement 1. Prepare a schedule of cash receipts for Marcel for January, February, and March. What is the balance in Accounts Receivable on March 31? (Leave unused and Zero balance account cells blank, do not enter Cash Receipts from Customers January February March Total 10800 10200 16300 37300 Total sales 0 Requirements January February March Total Cash Receipts from Customers: 1. Prepare a schedule of cash receipts for Marcel for January, February, and J h | W March. What is the balance in Accounts Receivable on March 31? anua 5 as ea es 2. Prepare a revised schedule of cash receipts if receipts from sales on account JanuaryCredit sales, collection of January sales in January 1080 are 70% in the month of the sale. 20% in the month following the sale. and y . _ 10% in the second month following the sale. What Is the balance In Accounts JanuaryCredit sales, collection of January sales In February 1080 Receivable on March 31? 8160 1020 1 3040 1630 9720 10260 15690 35670 Total cash receipts from customers Accounts Receivable balance, March 31: Questlon Help a Marcel Company projects the following sales for the rst three months of the year: $10,800 in January; $11,600 in February; and $12,800 in March. The company expects 60% cf the sales to be cash and 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, Read the gquirementst Requirement 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the sale, 20% in the month following the sale, and 10% in the second month following the sale What is the balance in Accounts Receivable on March 31'? (Leave unused and zero balance account cells blank, do not enter "0".) Cash Receipts from Customers January lFebruaryl March I Total Total sales January February March Total cash Receipts from Customers: JanuaryCash sales Januarycredit sales, collectlan of January sales In January JanuaryCredit sales, collection of January sales in February JanuaryCredit sales, collection of January sales in March Total cash receipts from customers Accounts Receivable balance, March 31: _j: 0 Requirements - X . Prepare a schedule of cash receipts for Marcel for January, February, and March. What is the balance in Accounts Receivable on March 31? . Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the sale, 20% in the month following the sale, and 10% In the second month following the sale. What Is the balance In Accounts Receivable on March 31