acct

Chec Dodgeted sales as account) April $450,000 May 5650,000 June $250.000 Total 51,350,000 From past experience, the company has learned that 25% of a month's soles are collected in the month of sole, another 60% ore collected in the month following sale, and the remaining 15% are collected in the second month following sale. Bod debts are negligible and can be ignored. February sales totaled $380,000, and March sales totaled $410,000 Required: 1. Prepare a schedule of expected cash collections from soles, by month and in total, for the second quarter, 2. What is the accounts receivable balance on June 302 Complete this question by entering your answers in the tabs below. Required 1 Secuired 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Schedule of Expected Cash Collections An May une Total $ 0 Forary sos March Aprt soos ay O Totalci .