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Schedule of Cats Collections of Accounts Receivable OfficeMart Inc. has cash and carry customers and credit customers. OfficeMart estimates that 20% of monthly sales are

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Schedule of Cats Collections of Accounts Receivable OfficeMart Inc. has "cash and carry customers and credit customers. OfficeMart estimates that 20% of monthly sales are to cash customers, while the remaining to creat customers of the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in the month following the month of sale Projected sales for the next the more folows October 5110,000 November 138,000 December 201,000 The Accounts Receivable balance on September 30 was 574.000 Prepare a schedule of cash collections from sales for October November and December Round will calculations to the nearest Whale do OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash sales Cash sales September sales on account Collected in October October sales on account: Collected in October Collected in November November sales on account Collected in November

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