Question: Can anyone help me with this please? thanks Door & Window Co. was organized on August 1 of the current year. Projected sales for the

 Can anyone help me with this please? thanks Door & Window

Can anyone help me with this please? thanks

Door & Window Co. was organized on August 1 of the current year. Projected sales for the next three months are as follows: $120,000 August September 200,000 October 230,000 The company expects to sell 40% of its merchandise for cash. Of the sales on account, 25% are expected to be collected in the month of the sale and the remainder in the following month. Hide Prepare a schedule indicating total cash collections for August, September, and october. Door & Window Co. Schedule of Collections of Accounts Receivable For Three Months Ending October 31, 20- August September October Total sales $120,000 $200,000 $230,000 Cash sales Credit sales Collections of accounts receivable August credit sales September credit sales October credit sales Cash sales Total cash collected

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