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budget assumption 55,000 per month up to June 2024. There is a projected increase...

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Accounting

budget assumption
55,000 per month up to June 2024. There is a projected increase of 10% for the remaining six months.
The price is $460 per unit
Collection
cash sales 50%
Sales on account 50% collected has follows:
10% in the month of sale
50% in the month following sale
35% two months following sale
The accounts receivable balance for December 2023 is broken down has follows:
$60,000 balance from November 2023 paid in full January 2024,340,000 from December 2023 payable in 200,000 January 2024 and 140,000 February 2024
Create the schedule of expected cash collection for the months January to December

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