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Question Help 18. Caleb Cornpary projects the following selee: (Click on the icon to view the projechod sales.) Galeh collects sales on acount in the
Question Help 18. Caleb Cornpary projects the following selee: (Click on the icon to view the projechod sales.) Galeh collects sales on acount in the mann after the sale. The Accounts Receivable balance on January 1 is $12, 100, which mpresants December's sales on account. Calea procents the following cash rocepts from customers: Click on the icon to view the cash receipts from customers.) Recalculate cash receipts from customers if total sales remain the game but cash sales are only 40% of the total. Begin ty computirg the cash sales and sales on account for each month if cash sales are only 40% of the total January February March Cashies (417%) i Data Table Sales on account (50%) 32.000 3 35,000 $ 23.000 Total sales March No, recalculate cash coints from customers for each marth if cash sales and any 40% of the total. Cash receipts from cash sales S January February 14,400 5 15,750 $ 12,100 17,500 January February March 10,350 19.250 Cash receipts from cash ales Cash receipts from eales on account i Data Table Cash receipts from sales en account Total cash nesaints from customers S 26,500 $ 33,350 $ 29,500 Tolal cash reciul from customers Print Done March 10,260 Cash sales (46%) $ January February 14,400 $ 15.750 S 17,600 19,250 35.000 S Sales on account (55% 12,650 23,000 $ 32,000 $ Total Balee Print Done
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