Question: Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing amounts in the following schedules. Half of each month's sales are

Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing amounts in the following schedules. Half of each month's sales are on account. March sales amounted to $204,000. 60% of credit sales is collected in the month of sale; 40% is collected in the following mor April 272,000 May 204,000 June 308,000 IS S $ Sales Cash receipts: From cash sales $ From sales on account 136,000 $ 122,400 258,400 102,000 $ 154,200 115,600 133,200 217 600 $ 287,400 Total cash receipts IS Required 2 >

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