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i also need the determanation of the following balances, at March 31, 2022 for accounts receivable pls!!! Switty Landkaping tac is prepaing its budget Por
i also need the determanation of the following balances, at March 31, 2022 for accounts receivable pls!!!
Switty Landkaping tac is prepaing its budget Por the frrst Quarter of 2022 . The nedt stop in the budgeting process is to prepare a sath rece pts schedule and a cash payments schedule to that end, the following intormation has been ceiliccted. Clients isuaty pay 60 So of their fee la the momith that service is performed, a9ns the month aftar, and 10on the second month attar receivint service Actual wervice tevenue for 2021 and expected service revenu6s fer 2022 are Novemoer 2001,365,600 December 2021, 5733,800 . Janiary 2022 \$52,000, February 2022, 596,400, and March 2022, \$114,800 Purchases of landscaping supplies (orrect materla s) are poid 60OI in the menth of purchase and 4036 the following month. Actua purchases for 2021 and eipected purchates for 2022 are December 2021 511,460, Janukr 2022, 59,840, Fabruary 2022,512,300, and March 2022,514,760. (a) Preper the following achedilea for each month in the frit quarter of 2022 and foe the quarter in totat: (1) Exsected collections frem cients (2) Fipected payments for lancteaping wupplit Step by Step Solution
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