Schedule of cash collections of accounts receivable

Pampered Pal Inc., a pet supplies distributor, was organized on January $1.$ Projected sales for each of the first three months of operations are as follows:

$\backslash$table$[[$January$,$$$160,000],[$February$,200,000],[$March$,280,000]]$

the sale.

Prepare a schedule indicating cash collections from sales for January, February, and March.

Pampered Pal Inc.

Schedule of Cash Collections from Sales

For the Three Months Ending March $31$

$\backslash$table$[[$Line Item Description,January,February,March$],[$January sales on account:,,,$],[$Collected in January,$$,$$$,],[$Collected in February,,,$],[$Collected in March,,,$],[$February sales on account:,,,$],[$Collected in February,,,$],[$Collected in March,,,$],[$March sales on account:,,,$],[$Tollal cash collected,$$,,]]$