Watercooler Company's budget committee provides the following information Yirw thr budgetinformation Beadithe mavirments. Requirement 1. Prepare the schedule of cash receipts from customen for January and February 2025 . Assume cash recelpts are 80% in the month of the sale and 20% in the month following the rale. The December 31 Accounts Receivable balance wil be collected in Jantary Ask my instructor Requirements 1. Piepare the schedule of cash rectipts from customers for January and February 2025 . Assume cash receipta are 80% in the month of the sale asd 20% in the moenth following the sale. The Dectimber 31 Acctunts Recelvale balance will be collected in January 2. Prepare the schedule of cash payments for purchases for January and February 2025 . Assume purchases ape pald 60% in the month of purchise and 40% in the month folioning the porchase. The December 31 Accosus. Pavabie balance will be paid in Jamary 3. Prepare the schedule of cash paryments for seling and adrinistratve expenses tor Januery and February 2025 . Astume 30% of the accrval for Salaries and Commissions Payable is for commiosions and ToN it for commistions are pald 30% in the moent incurred and 70% in the followiteg month. Rent and hoome tax expenses are paid as incirred lasurance experise is an erpiration of the piepalt anount. 4. Piepase the cisi budget for January and Februwy 2025. Asume no finansing took place. Budget Information Watercooler Company's budget committee provides the following information Yirw thr budgetinformation Beadithe mavirments. Requirement 1. Prepare the schedule of cash receipts from customen for January and February 2025 . Assume cash recelpts are 80% in the month of the sale and 20% in the month following the rale. The December 31 Accounts Receivable balance wil be collected in Jantary Ask my instructor Requirements 1. Piepare the schedule of cash rectipts from customers for January and February 2025 . Assume cash receipta are 80% in the month of the sale asd 20% in the moenth following the sale. The Dectimber 31 Acctunts Recelvale balance will be collected in January 2. Prepare the schedule of cash payments for purchases for January and February 2025 . Assume purchases ape pald 60% in the month of purchise and 40% in the month folioning the porchase. The December 31 Accosus. Pavabie balance will be paid in Jamary 3. Prepare the schedule of cash paryments for seling and adrinistratve expenses tor Januery and February 2025 . Astume 30% of the accrval for Salaries and Commissions Payable is for commiosions and ToN it for commistions are pald 30% in the moent incurred and 70% in the followiteg month. Rent and hoome tax expenses are paid as incirred lasurance experise is an erpiration of the piepalt anount. 4. Piepase the cisi budget for January and Februwy 2025. Asume no finansing took place. Budget Information