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PPlease answer in correct form The budget director of Heather's Florist has prepared the following sales budget. The company had $280,000 in accounts receivable on
PPlease answer in correct form
The budget director of Heather's Florist has prepared the following sales budget. The company had $280,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required pints a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. eBook Complete this question by entering your answers in the tabs below. Hint Ask Required A Required B References Complete the schedule of cash receipts by filling in the missing amounts. July August September $ $ $ 70,000 83,000 153,000 80,000 113,000 193,000 75,000 136,600 211,600 $ $ $ Sales Budget Cash sales Sales on account Total budgeted sales Schedule of Cash Receipts Current cash sales Plus: Collections from accounts receivable Total budgeted collections $ 350,000 $ 163,000 $ 188,000 Required A Required B > raw Prey 1 of 1 HH! Next > The budget director of Heather's Florist has prepared the following sales budget. The company had $280,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required oints a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. eBook Hint Complete this question by entering your answers in the tabs below. Ask References Required A Required B Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. Accounts receivable Required A Required BStep by Step Solution
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