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Marcel Company projects the following sales for the first three months of t account are collected 50% in the month of the sale and

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Marcel Company projects the following sales for the first three months of t account are collected 50% in the month of the sale and 50% in the following Read the month The Accounts Receivable account year $11,200 in January $12.300 in February and $11,100 in March The company expects 60% of the sales to be sach and the remane on at Sass sa zero balanci in uary 1 Round th Requirement 1. Prepare a schedule of cash recepts for Marcel for January, February, and March What is the balance in Accoures Recreatie on March 2 Cash Receipts from Customers T January February March T 1120023001034000 January February March Tet Cash Receipts from Customers Acotts Receivable balance, January 1 Jay-Cash sales 6720 January-Creat colechon of Janay sales January JanuaryC February February-Creot sales lection of February sa Manh Math Cash sales March-Great sales, collection of March as March Total cash receipts from customs Accounts Receivable balance, March 31 this Etext pages Get more help. 6000 arh 3000 24045 Clear all Final check bave

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