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I need help with preparing a cash receipt budget 5.21 (L0 4) Preparing a cash receipts budget In the coming year, Urayse, Inc. will be

I need help with preparing a cash receipt budget

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5.21 (L0 4) Preparing a cash receipts budget In the coming year, Urayse, Inc. will be introducing its rst product, a wrist brace that protects serious video gamers from repetitive- motion injuries. The brace will be sold for $11.25 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30% in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: 151: 3rd 4th Quarter Quarter Quarter Quarter Budgeted 25,000 40,000 50,000 80,000 sales units Required Prepare Urayse, Inc's cash receipts budget for the coming year

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