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Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2016 and expected

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Purchases of landscaping supplies (direct materials) are paid 60% in the month of purchase and 40% the following month. Actual purchases for 2016 and expected purchases for 2017 are December 2016, $17,070; January 2017, $17,550; February 2017, $19,240; March 2017, $23,770 Prepare the following schedules for each month in the first quarter of 2017 and for the quarter in total: (1) Expected collections from clients GREEN LANDSCAPING INC Schedule of Expected Collections From Clients January February March Quarter November anuary February March Total coilections_5 (2) Expected payments for landscaping supplies GREEN NG INC. Schedule of Expected Paymente for L g Supplies January February March Total payments g Determine the following balances at March 31, 2017 (1) Accounts receivable (2) Accounts payable Googl

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