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please help!! Schedule of Cash Collections of Accounts Receivable Bark & Purr Supplies Inc, a pet wholesale supplier, was organized on May 1, Projected sales

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Schedule of Cash Collections of Accounts Receivable Bark & Purr Supplies Inc, a pet wholesale supplier, was organized on May 1, Projected sales for each of the first three months of operations are as follows: $200,000 June 220,000 July 310,000 May All sales are on account. 57 percent of sales are expected to be collected in the month of the sale, 31% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for May, Junt, and July Bark & Purr Supplies Inc. Schedule of Collections from Sales For the Three Months Ending July 31 May June July May sales on account: Collected in May $ Collected in June $ Collected in July $ June sales on account: Collected in June Collected in July July sales on account: Collected in July Total cash collected $ $ $

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