eBook Show Me How Schedule of Cash Collections of Accounts Receivable Pet Place Supplies in, a pet wholesale supplier, was organized on May 1 Projected sales for each of the first three months of operations are as follows $220,000 June 270,000 July 380,000 il sales are on account of sales on account 50% are expected to be collected in the month of the sale 46 in the month following the sale, and the remainder in the second month following the sale Prepare a schedule indicating cash collections from sales for May June, and July Pet Place Supplies Inc. Schedule of Cash Collections from Sales For the Three Months Ending July 31 May June July Hay sales on account: Collected in May Collected in June Collected in July June sales on account: Collected in June Collected in July July sales on account Collected in July Total cash collected o 0 000 Check My Work Save and it Sube All work saved