Exercises $$connect

EXERCISE $8-1$ Schedule of Expected Cash Collections LO$8-2$

Silver Company makes a product with peak sales in May of each year. Its sales budget for the second quarter is given below:

$\backslash$table$[[,$April,May,June,Total$],[$Budgeted sales $($all on account$),$$$300,000,$$$500,000,$$$200,000,$$$1,000,000$