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i am in a practice selection and kept getting errors after errors. so can you show me how we supposed to get from start to

i am in a practice selection and kept getting errors after errors. so can you show me how we supposed to get from start to end correctly in case i was missing something? a reminder this is from practice section so it worth nothing. i just wanted to practice correctly. i copied and pasted while having a picture of graph so you know what it look like.

thank you

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:

April May June Total

Budgeted sales (all on account)$420,000 $620,000 $240,000 $1,280,000

From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 65% are collected in the month following sale, and the remaining 15% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $350,000, and March sales totaled $380,000.

Required:

1. need to create a schedule of expected cash collections from sales, by month and in total, for the second quarter.

2. What is the accounts receivable balance on June 30th?

image text in transcribedimage text in transcribed
03:37:35 Complete this question by entering your answers in the tabs Required 1 Required 2 What is the accounts receivable balance on June 30th? Total accounts receivable at June 30

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