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Budgeted sales for the 2 nd quarter operations are shown in the following table: Sales April May June Cash Sales $ 500 Sales on Account

Budgeted sales for the 2nd quarter operations are shown in the following table:

Sales April May June
Cash Sales $ 500
Sales on Account $ 800

The company expects a 25% increase in sales per month for May and June. Also, the company expects to collect cash from receivables in the month following the month in which the receivables are established. The amount of accounts receivable appearing on the pro forma balance sheet would be

Budgeted sales are as follows:

Sales April May June Total
Cash Sales $ 500 625 781.25 1,906.25
Sales on Account 800 1,000 1,250.00 3,050.00
Total $ 4,956.25

How could I find Cash sale for May and June without the question telling me how much will be in account !

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