other 50% in the subsequent month. Requirement a. What are the total cash collections budgeted for July? Total cash collections budgeted for July = Requirement b. What amount would be reported as accounts receivable at the end of July? Accounts receivable at the end of July = same month and 30% in the next month. Calculate total cash collections for July with the proposed change. (The 2% discount does NOT apply to the cash sales.) Total cash collections for July with the proposed changes =