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Exercise 7 - 3 A ( Algo ) Preparing a schedule of cash receipts LO 7 - 2 The budget director of Heather's Florist has

Exercise 7-3A (Algo) Preparing a schedule of cash receipts LO 7-2
The budget director of Heather's Florist has prepared the following sales budget. The company had $126,600 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.
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Complete the schedule of cash receipts by filling in the missing amounts.
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