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how do you do part B? JUNE July 200000 Aug 30000 Sept 250000 40% cash Chapter 9 In Class Practice Problem (Cash Receipts Budget) 60%

how do you do part B? image text in transcribed
JUNE July 200000 Aug 30000 Sept 250000 40% cash Chapter 9 In Class Practice Problem (Cash Receipts Budget) 60% Credit. credit sacs 50% collected during Manleview. Inc. has the following budgeted sales: July $200,000, August $300.000 and month mad other 50% vist math. c250 000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected the month of sale, and 50% the next month. a) What are the total expected cash receipts during September? 250 000 X.4 : 100 000 cash sales in the month of September, 300000 X.6*.5=9000 cash collected in the month of Sep. for credit swas made in 250000 * .68.5 575000 cash collected in Sep. for uredit suby made in sey, Ausust. Toro Expected cash Job - 25000 : 265000 Bueprs, b) What is Mapleview's Accounts Receivable balance at the end of September

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