Maynard Company projects the following for the remors of the year 512400 in January 511.600 in February, and 513 400 in Murch. The company expects 70% of the sales to be coth and tre romandel on account Sales on account are collected in the month of the sale and 50% n the following month The Accounts Receivable account has a zero balance on Jay Round to the nearest dolar Read the Requirement 2. Prepare a revised cheduia el cothrochipts froceipts from sales on account o 70% n the month of the 10% in the more folowing the sale, and 2016 in the second month following ye What is the balance in Accounts Receivable on March 312 of an input od is not used to the input field empty Do not enter a zero Cath Receipts from Customers January February March To January February March Total Cash Receipts from Customers January Cachon of any Cocontro Maynard Company projects the following sales for the first three months of the year $12,400 in January $11,000 in February, and $13.400 in March. The company expects 70% of the sales to be cash and the romandet 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 zoro balance on January 1 Round to the nearest dollar Read the January-Crede sales collection of January February January-Credit collection of January March Forary Cash Februaryetocolection of Peruary sales in For February. Cred collection of February sales in the MarthCreditten of Maths in March To cash receipts from some Accounts Receivable balance, March 1 JO - X Requirements sales in J 1. Prepare a schedule of cash recoipts for Maynard 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 salos on account are 70% in the month of the sale, 10% in the month following the sale, and 20% in the second month following the sale. What is the balance in Accounts Receivable on March 31? y sales in F y sales in M sary sales in ary sales in Print Done salos in Marc