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marlin company projects the following sales for the first three months of the year: $11,500 in january; $13,800 in february and $11,100 in march. the comany expects 60% of the sales to be cash and the remainder on the account. sales on account are collected 50% in the month of the sale and 50% in the following month. the accounts receivable account has zero balance in january 1. round to the nearest dollar.

Homework: Chapter M:7 Homework Question 4, EM7-26 (similar to HW Score: 73.085, 512 of pols Save Points: 03201 Martin Company projects the following sales for the first three months of the year 11.00 113.000 and 511.10 March the company of the Sales on account we collected in the month of these and showing The Accounts Recetas con un sem Read the Requirement Propera che of cash recipes for Martin for Jawy. Poted MachWhat to the balance este vecante in contempt to be 2) Cash Receipts from Customer Feb Totale Jay February Cash Receipts from Comet Accor Henry March Clanwesen Check anwr Help me solve this Demodocs example Get more help. UHUHTY Munui in Accounts Receivable account has a zero balance on January 1. Round to th many Experis bu Requirements - X lic ut field 1. Prepare a schedule of cash receipts for Marlin for January, February, and March. What is the balance in Accounts Receivable on March 31? 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 60% in the month of the sale, 15% in the month following the sale, and 25% in the second month following the sale. What is the balance in Accounts Receivable on March 31? Print Done ry ary Marin Company projects the following sales for the first three months of the year 511 500 in January 31300 metry and 1.100 in March. The composite Sale on account we collected 50% in the month of these and in the following month The Account Receive these cand Read the requirements January Feby March Total January F M Cash Recipe C Accountancy C Get more Demodocs example Hein me solve this