24 Manny Sea Tours sales budget for the first quarter follows: January $125,000 February 300,000 March 290,000 all sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the There are no uncollectable accounts. he Accounts Receivable balance that would appear on the Balance Sheet for March is a $105.000 D. $205,000 C. $150.500 $142.500