Question: please answer b part correctly. please answer b part uncollected amount asap. thank you Ed's Waterbeds has made the following sales projections for the next


Ed's Waterbeds has made the following sales projections for the next six months. All sales are credit Sales in January and February were $36,000 and $35,000 respectively. Experience has shown that 10 percent of total sales are uncollectible, 35 percent are collected in the collected in the following month, and 10 percent are collected two months after sale. a. Prepare a monthly cash receipts schedule for the firm for March through August. b. Of the sales expected to be made during the six months from March to August, how much will still be August? How much of this is expected to be collected later? Ed's Waterbeds has made the following sales projections for the next six months. All sales are credit sales. Sales in January and February were $36,000 and $35,000 respectively. Experience has shown that 10 percent of total sales are uncollectible, 35 percent are collected in the month of sale, 45 percent are collected in the following month, and 10 percent are collected two months after sale. a. Prepare a monthly cash receipts schedule for the firm for March through August. b. Of the sales expected to be made during the six months from March to August, how much will still be uncollected at the end of August? How much of this is expected to be collected later? Saken in daky and Retouary mete 876,000 and 635.000 respecivedy. Expenente has shown that 10 peritent of fota sales are ancollecbile; 75 percent are colfected in the month of sale, 45 percent we Augus? Hew muct of vii is ropected to be collected later
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