Question 1 A rm has actual sales in November of 191 0,000 and projected sales in December and January of P30,000 and P40,000, respectively. The firm makes 10% of its sales for cash. collects 40% of its sales one month following the sale, and collects the balance two months following the sale. The firm's total expected cash receipts in January amounts to . P191100 Cannot be determined with the information provided Questionz l \"0th l 53! Co. has the collection schedule of 65% during the month of sales, 15% the following month. and 15% subsequently. The total credit sales in March were 910,000 and total collections in March were P1 98.000. Credit sales in January and February are equal. How much is the credit sales for January? Question3 ( 1Point ) The following are forecasts of sales and purchases for KWANGYA Company: Sales Purchases April P80,000 P30,000 May 1990,0013 1940,0013 June P335000 P1330000 All sales are on credit. Records showr that 70 percent of the customers pay the month of the sale, 20 percent pay the month after the sale. and the remaining 10 percent pay the second month after the sale. How much is the total cash receipts from customers for the month of June