P22-52B (similar to) book Company's budget comme provides the following information the con the formation) Requiremant 1. Prepare the schedule of cash receiptas tiom customers for January and February 2018. Assume cash receipts are 60% in the month of the sound 40% in the month towing the Notebook Company Budgeted Cash Receipts from Customers Two Months Ended February 20, 2018 January Our months February Ethernethasoned and then do Check Answer 3 CA Check A Search or type URL Data Table X customers for Januar 40% in the month following the sale. December 31, 2017, account balances: Cash $ 25,000 February Accounts Receivable 20,000 20,000 16,000 2,500 January February $ 80,000 $ 84,400 40,500 41,300 Merchandise Inventory Accounts Payable Salaries and Commissions Payable Budgeted amounts for 2018: Sales, all on account Purchases, all on account Commissions Expense Salaries Expense Rent Expense Depreciation Expense Insurance Expense Income Tax Expense 4,220 4,000 7,000 7.000 3,000 3,000 800 800 500 500 1,900 1,900 Print Done sck Answer Clear All