I need help with the second table! thanks

(b) Prepare a cash budget (on a quarterly basis) for the 12 months ending 31 December 2018. (Please leave any answer fields without an entry blank. Enter negative amounts using either a negative sign preceding the number, e.g. -45, or parentheses, e.g. (45).) Rainbow Enterprises Cash budget for the quarters ending 31 December 2018 March ($) June ($) September ($) December ($) Total ($) 10 11 12 Purchases Cash receipts Cash receipts IT hardware acquisition Cash payments Cash payments Cost of Sales Net cash flow Marketing and administration expenses Receipts from accounts receivable Payments to accounts payable Marketing and administration expenses Purchases Sales Revenue Occupancy expenses Bank balance at start of month IT hardware acquisition Marketing and administration expenses Bank balance at start of month Bank balance at start of month Cash receipts Depreciation Expense Total cash receipts Occupancy expenses Sales Revenue Bank balance at end of month Sales Revenue Cash payments Purchases Cash payments Cash payments Total cash payments Payments to accounts payable Occupancy expenses Receipts from accounts receivable Sales Revenue Sales Revenue Cash receipts Marketing and administration expenses Net cash flow Total cash payments Receipts from accounts receivable Cost of Sales Purchases Bank balance at start of month Occupancy expenses IT hardware acquisition Purchases Bank balance at end of month Receipts from accounts receivable Occupancy expenses Occupancy expenses Sales Revenue Depreciation Expense Total cash payments Total cash receipts Cost of Sales Net cash flow Payments to accounts payable Bank balance at end of month Net cash flow Purchases Depreciation Expense Cash receipts Total cash receipts Bank balance at end of month Bank balance at end of month Total cash receipts Bank balance at end of month Receipts from accounts receivable Cash payments Total cash payments Cost of Sales Cash payments Total cash payments Cash receipts Payments to accounts payable Payments to accounts payable Bank balance at start of month Depreciation Expense Net cash flow Cost of Sales Cost of Sales Marketing and administration expenses Marketing and administration expenses Sales Revenue IT hardware acquisition Purchases IT hardware acquisition Depreciation Expense Net cash flow Occupancy expenses Payments to accounts payable Total cash payments Cost of Sales Cash receipts Payments to accounts payable IT hardware acquisition IT hardware acquisition Net cash flow Depreciation Expense Receipts from accounts receivable Total cash receipts Bank balance at start of month Total cash payments Total cash receipts Depreciation Expense Bank balance at start of month Receipts from accounts receivable Total cash receipt Marketing and administration expenses Bank balance at end of month Cost of Sales Depreciation Expense Total cash payments Marketing and administration expenses IT hardware acquisition Cash payments Total cash receipts Sales Revenue Purchases Bank balance at end of month Payments to accounts payable Cash receipts Purchases Occupancy expenses IT hardware acquisition Occupancy expenses Net cash flow Total cash receipts Bank balance at end of month Depreciation Expense Total cash receipts Marketing and administration expenses Total cash receipts Cash receipts IT hardware acquisition Cash payments Cost of Sales Bank balance at start of month Occupancy expenses Total cash payments Depreciation Expense IT hardware acquisition 12 Occupancy expenses Bank balance at end of month Sales Revenue Total cash payments Net cash flow IT hardware acquisition Purchases Marketing and administration expenses Receipts from accounts receivable Depreciation Expense Total cash payments Sales Revenue Cost of Sales Bank balance at start of month Payments to accounts payable Receipts from accounts receivable Sales Revenue Cash receipts Purchases Net cash flow Bank balance at start of month Cost of Sales Net cash flow Cash receipts Total cash payments Bank balance at start of month Cash receipts Depreciation Expense Cash payments Total cash receipts Cash payments Bank balance at end of month Bank balance at start of month Receipts from accounts receivable Sales Revenue Payments to accounts payable Receipts from accounts receivable Receipts from accounts receivable Net cash flow Purchases Bank balance at end of month Cash payments Payments to accounts payable Occupancy expenses Cost of Sales Marketing and administration expenses Payments to accounts payable Marketing and administration expensesRainbow Enterprises has presented the following estimates relating to 2018 activities: Quarter ending 31 March 30 June 30 September 31 December Sales revenue $700,000 $800,000 $900,000 $950,000 Purchases 450,000 420,000 400,000 430,000 Cost of sales 350,000 400,000 450,000 475,000 Marketing and administration expenses 170,000 170,000 170,00 170,000 Occupancy expenses 78,000 78,000 78,000 78,000 Depreciation expense 13,500 13,500 13,500 13,500 Sales in the December quarter of 2017 were $600,000. All sales are on credit, of which 70 per cent are collected in the quarter of sale and 30 per cent in the following quarter. Purchases are on credit, and entity policy is such that all purchases are paid for in the same quarter. The marketing and administration expenses incurred and paid are the same. Occupancy expenses incurred and paid are usually the same, except that the electricity bill (estimated to be $610) for December 2018 will not be paid until January 2019. A major IT hardware acquisition of $26,400, to be paid for in cash, is expected in the December quarter. The bank balance at 31 December 2017 was $18,360. (a) Z Your answer has been saved and sent for grading. See Gradebook for score details. Prepare a schedule of receipts from accounts receivable showing cash collections for each quarter of 2018. (Please leave any answer fields without an entry blank. Enter negative amounts using either a negative sign preceding the number, e.g. -45, or parentheses, e.g. (45).) Rainbow Enterprises Schedule of receipts from accounts receivable for the quarters ending 31 December 2018 Receipts ($) Month Sales March June September December December 2017 $600,000 180,000 March $700,000 490,000 210,000 Jun $800,000 560,000 240,000 September $900,000 630,000 270,000 December 2018 $950,000 665,000 Total 670,000 770,000 870,000 935,000