* Your answer is incorrect. The following credit sales are budgeted by Larkspur Garden Supply Company: January February March April $178,000 159,000 172,000 207,000 The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale and 30% in the month following the sale. Determine cash receipts for February and March. February cash receipts March cash receipts LA LA 162,800 169,400

The following credit sales are budgeted by Larkspur Garden Supply Company: The companys past experience indicates that 70% of the accounts receivable are collected in the month of sale and 30% in the month following the sale. Determine cash receipts for February and March. February cash receipts March cashreceipts