ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch... YouTube Chrome Maps Mi Gmail () Dashboard (() Institution Page opu MyOdu | Main view Settings Ch 20 Graded Homework i Saved' Help Sa Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It d completion. 2 Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: 2.5 points April May June Total Budgeted sales (all on $350,000 $550,000 $190,000 $1,090,000 account) Mc Graw aiting for ezto.mheducation.com... 37.F 25 Q Search a 9 Clear hp'YouTube 6 Chrome 9 Maps M Gmail (2) Dashboard () Institution Page 9&1 MyOdulMa'inl/iew Ch 720 Graded Homework 0 Check my work mode : This shows what is correct or incorrect for the work you have completed so completion. From past experience, the company has learned that 25% of a month's sale collected in the month of sale, another 70% are collected in the month following 3 and the remaining 5% are collected in the second month following sale. Bad debts negligible and can be ignored. February sales totaled $280000, and March al totaled $310 000. , Required: - 1 Prepare a schedule of expected cash collections from sales, by month and' In total the second quarter Monarch-Key X ()) McGraw-Hill Connect X Question 2 - Ch 20 Graded + X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch... YouTube Chrome Maps Gmail ()) Dashboard Institution Page opu MyOdu | Main view Settings Ch 20 Graded Homework i Saved' Help Sa Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It d completion. 2 2. Assume that the company will prepare a budgeted balance sheet as of June 30. Compute the accounts receivable as of that date. 2.5 x Answer is not complete. points Silver Company Accounts receivable at June 30 May sales June sales Mc Graw Hill 25 37.F Q Search a 9 Clear hp