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Exercise 14-3A (Algo) Preparing a schedule of cash receipts Lo 14-2 The budget director of Heather's Florist has prepared the following sales budget. The company

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Exercise 14-3A (Algo) Preparing a schedule of cash receipts Lo 14-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $350,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Bock Hint Complete this question by entering your answers in the tabs below. Required A Required Complete the schedule of cash receipts by filling in the missing amounts References July August September 5 64,000 $ 91 000 155.000 $ 78,000 $ 75.000 113,000 133.600 191.000 $ 200.000 S Sales Budget Cosh salos Saison count Total budgeted sales Schedule of Cash Receipts Current cash sales Plus Collections from accounts receivable Total budged collections 5 414,000 $ 169,000 $ 160.000 Required Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $350,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required #. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Complete this question by entering your answers in the tabs below: Required Required Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Accounts receivable Required A

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