Yung Reeds, a manufacturer of swaphone, oboe, and clarinet red has projected to be 1000 in October $60,000 in November 51.070.000 in December, and 1922.000 in January Yurde als are 25% cash and credit. The company's collection htory indicates that credits are colded as follows 20% in the month of the sal 65% in the months after the 10 months after the sale 5 are new collected Requirements 1. Pe budget for all four showing the breakdown by and credit 2. Prepare a cash collection todat for December and Jay Round weis up to the rest of Yung Sadet For the Monded January October Nov December January Cash sales Credit sales Total sales Enter beint the eat Telds and then clek. Check un Clear AB Check Answer Yung Reeds a manufacture of wophone oboe and clarinet reedshes pointed to be 5904.000 in October 30.000 ember $1.070.000 in December, and Sw3.000 m away. Yung' ke 28.cath and 75% credt The company's collection History indicates that credit sales are collected as we 204. In the month of the sale 65% in the mooth at the sale 10% two months after the sale 5% are never collected Requirements 1. Prepare a budget for all four storing the breakdown between cash and credite 2. Prepare a cash collection budget for December and January Round anwes up to the rest Requitement 1. Prepare a sales budget for all four months, showing the breakion between cash and orales Yung Reede Sales Badget For the Four Months Ended Jomary October November December January Cases Enter ander in the edited and then Check Answer CICKA