In a situation where $70\%$ cash is collected during the quarter of sales and $30\%$ the following quarter, which one of the following is true?

$70\%$ of first quarter is going to be

$30\%$ of first quarter is going to be collected in the first quarter collected in the second quarter

$70\%$ of first quarter is going to be the account receivables at the beginning A and $B$ of second quarter