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Whispering Winds Development, Inc. has budgeted sales revenues as follows: January February March April May June Budgeted Sales Revenues $52,000 67,000 99,000 78,000 65,000 37,000

Whispering Winds Development, Inc. has budgeted sales revenues as follows: January February March April May June Budgeted Sales Revenues $52,000 67,000 99,000 78,000 65,000 37,000 Past experience has indicated that 90% of sales each month are on credit and that collection of credit sales occurs as follows: 60% in the month of sale, 30% in the month following the sale, and 5% in the second month following the sale. The other 5% is uncollectible. Prepare a schedule which shows expected cash receipts from sales for the months of April, May, and June. (Do not leave any answer field blank. Enter O for amounts.)
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Whispering Winds Development, Inc has budgeted sales revenues as follows: Past experience has indicated that 90% of sales each month are on credit and that collection of credit sales occurs as follows: 60% in the month of sale, 30% in the month following the sale, and 5% in the second month following the sale. The other 5% is uncollectible. Prepare a schedule which shows expected cash receipts from sales for the months of Apri, May, and June. (Do not leave ony answer field blank Enter Ofor omounts)

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