Angiconcapte 0 DIC this very popular as a Mother's Day gt. Thus ses yach the company's sales built for the second der gib 5 Sver Company makes 100 1414 Tim past genence, the company he leaned that 25% of any colected the month flowing sale, and the remains coladed y cted in the monof gible and can be ignored Fersary saves totaled $300000 and March sales totaled $10,000 Required Pepe a schedule of expected cash collections from sees by month for the second qua 2 What is the accounts recence on June 300 1 < @ 2 Apt Buscar o ingresar nombre del sitio web sty 43 # $ % & 4 5 6 7 8 Q W E R T Y U A S D F 9 H 61 - Clect my mot S 0 4 J KL P + W 33 " 1 delete Angiconcapte 0 DIC this very popular as a Mother's Day gt. Thus ses yach the company's sales built for the second der gib 5 Sver Company makes 100 1414 Tim past genence, the company he leaned that 25% of any colected the month flowing sale, and the remains coladed y cted in the monof gible and can be ignored Fersary saves totaled $300000 and March sales totaled $10,000 Required Pepe a schedule of expected cash collections from sees by month for the second qua 2 What is the accounts recence on June 300 1 < @ 2 Apt Buscar o ingresar nombre del sitio web sty 43 # $ % & 4 5 6 7 8 Q W E R T Y U A S D F 9 H 61 - Clect my mot S 0 4 J KL P + W 33 " 1 delete Marcadores Ventana Ayuda Asignacin-capitulo 80 166 education.com 7609 Help Save & Exit Submit Check my work 5 H Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below Budgeted sales (all on account) $450,000 May $650,000 sure $250,00 Total From past experience, the company has learned that 25% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 15% are collected in the second month following sale. Bad 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 sales, by month and in total, for the second quarter 2. What is the accounts receivable balance on June 30 Complete this question by entering your answers in the tabe below Required Required 2 What is the accounts receivable balance June 30 account June 30 Graw 14 #tv