Jayson Company projects the following sales for the first three months of the year: $10,800 in January, 510.200 in February, and $12.900 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 requirements March-Credit sales, collection of March ales in Ap S 2 Requirement 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 60% in the month of the sale, 35% in the month following the sale, and 5% in the second month following the sale. What is the balance in Accounts Receivable on March 317 (Leave unused and zero balance account cells blank, do not enter" ) Cash Receipts from Customers T otal Total sales January February March 10.800 S 10.2005 12.900 January February March Total Cash Receipts from Customers: Accounts Receivable balance. January 1 January Cash sales January-Credit sales, collection of January sales January-Credit sales collection of Januar JanuaryCred colchon of Jan VUOST Help Jayson Company projects the following sales for the first three months of the year $10.800 in January, $10.200 in February, and $12.900 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 requirements $ January-Cash sales January-Credit sales, collection of January sales in January January--Creche sales, collection of January sales in February January--Credit sales, collection of January sales in March 6,480 2.592 1296 6,120 2.448 y sales in February February-Crede 1224 February-Credit sales, collection of February sales in February collection of February sales in M MoschCash sales March --Credit sales, collection of March ales in March Total cash receipts from customers 1 7 1224 ,740 3.036 1 9064 to) (4 Accounts Receivable balance, March 31: Credit sales, collection in April and Mary