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We need to find under Estimated cash receipts Last month sale for January, February, and March. Current Month's sales for Januaury, February, and March. Total

We need to find under Estimated cash receipts

Last month sale for January, February, and March.

Current Month's sales for Januaury, February, and March.

Total for January, February, and March.

This is a 5301 Managerial Applications of Accounting course.

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The budgeted credit sales are as follows:
December last year $ 250,000
January $ 125,000
February $ 300,000
March $ 90,000
Collection:
Month of the sale 80%
Month following the sale 20%
Estimated cash receipts
January February March
Last month's sales
Current month's sales
Total

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