Jekell Catering Inc. is a caterer of corporate lunches and events. The following is Jekell's sales forecast by quarter f

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Jekell Catering Inc. is a caterer of corporate lunches and events. The following is Jekell's sales forecast by quarter f

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Jekell Catering Inc. is a caterer of corporate lunches andevents. The following is Jekell's sales forecast by quarter for theupcoming year.
In addition, sales in Q3 and Q4 of 2019 totaled $138,000 and$216,000 respectively. According to the company's sales records,all revenue is invoiced (i.e. credit sales). Assume the followinghistorical trends were noted by management regarding creditsales:
Do not enter dollar signs or commas in the input boxes.Prepare a schedule of cash receipts on a quarterly basis.
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