Question 7 Not complete Marked out of 10.00 Flag question Cash collections, accounts receivable Total June sales for Roy's Catering are expected to be $540,000. Of each month's sales, 80 percent is expected to be represents the remainder of May credit sales. There are no receivables from months prior to April. The collection p following the sale, and 10 percent in the second month following the sale. Roy's Catering has no uncollectible accou a. What were total sales for April? $ 0 b. What were credit sales for May? $ 0 c. What are projected cash collections for June? $ 0 d. What is the expected balance of Accounts Receivable at June 30? $ 0 Check eBook Print 80 percent is expected to be on credit. The Accounts Receivable balance at May 31 is 5143,520, of which 5108,000 Prior to April. The collection pattern of Roy's Catering credit sales is 70 percent in the month of sale, 20 percent in the month ing has no uncollectible accounts