Yada expects total sales of $365,000 in January and $392,000 in February. Assume that Yadas sales are collected as follows : November sales totaled $320,000, and December sales were $260,000. prepare a schedule of cash receipts from customers for January and February. round answers to the nearest dollar.

Cash Receipts from Customers January February 365000 392000 Total sales January February Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers i More Info - X 60% in the month of the sale 30% in the month after the sale 8% two months after the sales 2% never collected Print Done