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3 Exercise 7-3A (Algo) Preparing a schedule of cash receipts LO 7-2 The budget director of Heather's Florist has prepared the following sales budget. The

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3 Exercise 7-3A (Algo) Preparing a schedule of cash receipts LO 7-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $340,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale Required a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet 01:4100 Complete this question by entering your answers in the tabs below. ferences Required a Required B Complete the schedule of cash receipts by filling in the missing amounts. July August September 5 72.000 $ 98,000 170,000 $ 06.000 $ 110,000 162,000 $ 78,000 129,600 207,600 $ Sales Budget Cash sales Sales on account Total budgeted sales Schedule of Cash Receipts Current cash sales Plus Collections from accounts receivable Total budgeted collections $ 412,000 $ 164,000 $ 194000 Required > 86 Sound Help Suve & EX Exercise 7-3A (Algo) Preparing a schedule of cash receipts LO 7-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $340,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required 2. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Complete this question by entering your answers in the tabs below. Required Required Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Accounts receivable (Required A

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