Please help my head is about to explode. Avery Company projects the following sales for the first three months of the$$ year: $ $11$ comma $200$ in January$$; $ $13$ comma $800$ in February$$; and $ $12$ comma $900$ in March. The company expects $80\%$ of the sales to be cash and the remainder on account. Sales on account are collected$50\%$ in the month of the sale and$50\%$ in the following month. The Accounts Receivable account has a zero balance on January $1.$ Round to the nearest dollar. Avery Company projects the following sales for the first three months of the year: $$11,200$ in January; $$13,800$ in February; and $$12,900$ in March. The company expects $80\%$ of the sales to be cash and the remainder on account. Sales on account are collected $50\%$ in the month of the sale and $50\%$ in the following month. The Accounts Receivable account has a zero balance on January $1.$ Round to the nearest dollar.

Read the requirements

$\backslash$table$[[$Total sales$],[,$January,February,March,Total$],[$Cash Receipts from Customers:$],[$Accounts Receivable balance, January $1],[$January$-$Cash sales$],[$January$-$Credit sales, collection of January sales in January$],[$January$-$Credit sales, collection of January sales in February$],[$February$$Cash sales$],[$February$-$Credit sales, collection of February sales in February$],[$February$-$Credit sales, collection of February sales in March$],[$March$-$Cash sales$],[$March$-$Credit sales, collection of March sales in March$],[$Total cash receipts from customers,,$\backslash$bar $(((\backslash$bar $($C$))),,]]$

Accounts Receivable balance, March $31$:

March$-$Credit sales, collection of March sales in April $$ Requirements

Prepare a schedule of cash receipts for Avery Company for January,

February, and March. What is the balance in Accounts Receivable on March

$31?$

Prepare a revised schedule of cash receipts if receipts from sales on account

are $60\%$ in the month of the sale, $10\%$ in the month following the sale, and

$30\%$ in the second month following the sale. What is the balance in Accounts

Receivable on March $31?$