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work 2 3 J.Lo's Clothiers has forecast credit sales for the fourth quarter of the year September (un) 5.53,000 Fourth Quarter October $ 43,000 November

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work 2 3 J.Lo's Clothiers has forecast credit sales for the fourth quarter of the year September (un) 5.53,000 Fourth Quarter October $ 43,000 November 38,000 December 69,000 pped Experience has shown that 25 percent of sales are collected in the month of sale, 60 percent are collected in the following month and 15 percent we never collected Prepare a schedule of cash receipts for J.Lo's Clothiers covering the fourth quarter (October through December) 3. Lo's Clothers September October November December Credit cales in month of One morale Tot cash 5 OS OS 0 DO Ta ni Ya chips b

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