Requirement 1. Prepare a schedule of cash receipts for Avery for January, February, and March. What is the balance in Accounts Cash Receipts from Customers January February March Total Total sales 12400 13800 10400 36600 January February March Total Cash Receipts from Customers: Accounts Receivable balance, January 1 9920 11040 8320 January-Cash sales 2480 2760 2080 January-Credit sales, collection of January sales in January January-Credit sales, collection of January sales in February February-Cash sales February-Credit sales, collection of February sales in February February-Credit sales, collection of February sales in March March-Cash sales March-Credit sales, collection of March sales in March Total cash receipts from customers Accounts Receivable balance, March 31: March-Credit sales, collection of March sales in April Require 1. Prepar March. 2. Prepare are 80% 5% in th Receiva