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please answer both parts SOURCES d c. Is Exercise 9-18 Green Landscaping Inc. is preparing its budget for the first quarter of 2020. The next

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SOURCES d c. Is Exercise 9-18 Green Landscaping Inc. is preparing its budget for the first quarter of 2020. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following 7-2 3 Information has been collected. b Proce b in the ses for uary F. 2-5 2.9 9-10 Clients usually pay 60% of their fee in the month that service is performed, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2019 and expected service revenues for 2020 are November 2019, $91,690; December 2019, $82,770; January 2020, $101,930; February 2020, $121,930; and March 2020, $134,390. Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2019 and expected purchases for 2020 are December 2019, $18,090; January 2020, $17,410; February 2020, $20,720; and March 2020, $21,570. g ques c. Is on 20 on 29 b Proces month by Study ted pur y Febr Prepare the following schedules for each month in the first quarter of 2020 and for the quarter in total: (1) Expected collections from clients. 19 questi GREEN LANDSCAPING INC. Schedule of Expected Collections From Clients Landsc January February March Quarter Proces That Se % the fol pre Dece November December January February March c. is pr landscap e followi ber 2019 750. (a) P Total collections (2) Expected payments for landscaping supplies. be GREEN LANDSCAPING INC. Schedule of Expected Payments for Landscaping Supplies UE January February March Quarter December $ DE> January te: February March 19 Total payments a P (b) Pot Determine the following balances at March 31, 2020: are (1) Accounts receivable (2) Accounts payable C. Click if you would like to Show Work for this question: Open Show Work land he fe LINK TO TEXT ber 750

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