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Kessler Service anticipates the following sales revenue over a five-month period Click the icon to...

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Accounting

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Kessler Service anticipates the following sales revenue over a five-month period Click the icon to view the sales data) The company's sales are 30% cash and 70% credit Its collection history indicates that credit sales are collected as follows Click the icon to view the collections data) How much cash will be collected in January in February in March For the quarter in total? Complete the cash budget to determine how much cash will be collected in January February March and for the quarter in total (Round your answers to the nearest whole dollar) Kessler Service - X More Info Cash Collections Budget For the Months of January through March January 25% in the month of the sale Cash sales 50% in the month after the sale Collection of credit sales 20% two months after the sale 25 Month of sale 5% are never collected 50% Month after 20%. Two months after Total cash collections Print Done Data Table November December January February March Sales revenue 15.500 $ 11 200 $ 15.200 13. 200 5 14.400 Data Table November December March Sales revenue. $ 16,500 January $ 15,200 February $ 13,200 S 11 200 $ 14,400

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