Question: Can you please help me with this assignment this assignment has 2 parts. I would greatly appreciate it if you can answer it clearly. thank



Requirements Roquirements Requirement 1. Prepare a schedule of cash receipts for Graham for January, February, and March. What is the balance in Account Requirements 1. Prepare a schedule of cash receipts for Graham for January, February, and March. What is the balance in Accounts Receivable on March 31 ? 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the sale, 25% in the month following the sale, and 5% in the second month following the sale. What is the balance in Accounts Receivable on March 31
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