abon.com/ext/map/index.html?con conexdemnal browseranchi https253A%252F%252Felearning the 252Fwebapp2portance Maps > Pearson elest Access > https://scoss Course Ware Login Meeting Registrato College whites de 6 Help Save Flowerama specializes in floral arrangements and experiences its highest sales and delivery volume on February 14 Below is the first quarter sales budget for Flowerama Budgeted sales (all on account) January 5470,000 February 5670,000 March $230,000 Total 11,370,000 From prior years data, the company predicts that 25% of a month's sales are collected in the month of sale, another 65% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored Prior years sales are as follows. November sales totaled $400,000, and December sales totaled $430,000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total for the first quarter 2. What is the accounts receivable balance on March 31th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of expected cash collection from sales, by month and in total for the first quarter. htte Prov 1 of 1 Next > search 16 H opero 1 Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the first quarter. 003821 Schedule of Expected Cash Collections January February March $ 117,500 167,500 57,500 $ 279,500 305,500 435,5001 117.500 43,000 47,000 November sales December sales January sales February Sales March Sales Total cash collections Total 342,500 1,020,500 207,500 0 300k Hint 0 $ 514,500 $ 516 000 $ 540,000 $1,570,500 Perences Required 2 > w 11 Pay t of 6 Next > here to search o a RI - 5. 6 8 ter 8 . , , 1. Prepare a schedule Sexpected cash collections from sales, by month and in total, for the first quartet 2. What is the accounts receivable balance on March 31th? Complete this question by entering your answers in the tabs below. 806 Required 1 Required 2 ok What is the accounts receivable balance on March 315? 1 Total accounts movie at Match 31 $ 239,500 ces ere to search O a 3 6 8 abon.com/ext/map/index.html?con conexdemnal browseranchi https253A%252F%252Felearning the 252Fwebapp2portance Maps > Pearson elest Access > https://scoss Course Ware Login Meeting Registrato College whites de 6 Help Save Flowerama specializes in floral arrangements and experiences its highest sales and delivery volume on February 14 Below is the first quarter sales budget for Flowerama Budgeted sales (all on account) January 5470,000 February 5670,000 March $230,000 Total 11,370,000 From prior years data, the company predicts that 25% of a month's sales are collected in the month of sale, another 65% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored Prior years sales are as follows. November sales totaled $400,000, and December sales totaled $430,000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total for the first quarter 2. What is the accounts receivable balance on March 31th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of expected cash collection from sales, by month and in total for the first quarter. htte Prov 1 of 1 Next > search 16 H opero 1 Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the first quarter. 003821 Schedule of Expected Cash Collections January February March $ 117,500 167,500 57,500 $ 279,500 305,500 435,5001 117.500 43,000 47,000 November sales December sales January sales February Sales March Sales Total cash collections Total 342,500 1,020,500 207,500 0 300k Hint 0 $ 514,500 $ 516 000 $ 540,000 $1,570,500 Perences Required 2 > w 11 Pay t of 6 Next > here to search o a RI - 5. 6 8 ter 8 . , , 1. Prepare a schedule Sexpected cash collections from sales, by month and in total, for the first quartet 2. What is the accounts receivable balance on March 31th? Complete this question by entering your answers in the tabs below. 806 Required 1 Required 2 ok What is the accounts receivable balance on March 315? 1 Total accounts movie at Match 31 $ 239,500 ces ere to search O a 3 6 8