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please help Homework: Chapter Master Budgets Save Score: 0 of 1 pt 5 of 15 (3 complete) HW Score: 15.67%, 2.35 of 15 pts EM5-26

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Homework: Chapter Master Budgets Save Score: 0 of 1 pt 5 of 15 (3 complete) HW Score: 15.67%, 2.35 of 15 pts EM5-26 (similar to) Question Help Carmen Company projects the following sales for the first three months of the year $12,600 in January, $10,100 in February, and $15,800 in March. The company expects 80% 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 February March Total Total sales 12600 10100 15800 38500 January February March Total Cash Receipts from Customers: Accounts Receivable balance, January 1 January-Cash sales January-Credit sales, collection of January sales in January January-Credit sales, collection of January sales in February February-Cash sales ? Enter any number in the edit fields and then click Check Answer part

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