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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

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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: All sales are on account. Collections are expected as follows: 75% of sales are expected to be collected in the month of the sale, 15% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for January, February, and March, Enter all amounts as positive numbers. sale, 15% in the month following the sale, and the remainder in the second month following the sale, Prepare a schedule indicating cash collections from sales for January, February, and March. Enter all amounts as positive numbers

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