Question 'l , HW Chapter -. ' 2-2 a Course Hero 6 C i eztanheducatlon.com HW Chapter 8 0 Saved Help Sana Exit Submit 1 A Flowerama specializes in oral arrangements and experiences its highest sales and delivery volume on February 14, Below is the rst quarter sales budget for Flowerama: 16.66 January February March Total points Budgeted sales (all on account) $383,396 $586,6w $266,689 $1,166,6W I skipped From prior years data, the company predicts that 20% ota month's sales are collected in the month of sale, another 60% are collected in the month following sale and the remaining 20% are collected in the second month following sale, Etacl debts are negligible and can gawk be ignored. Prior years sales are as follows: November sales totaled $310,000, and December sales totaled $340,000. Hint Required: 1, Prepare a schedule of expected cash collections from sales, by month and in total, for the rst quarter Pm\" 2. What is the accounts receivable balance on March 31th? References Complete this quatioll by entering your answers in the labs below. Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the rst quarter. MC Graw Hill Question 1 - HW Chapter 8 - Cor X * Course Hero X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning.uh.edu%252Fwebapps%252Fportal%252Fframes... HW Chapter 8 Saved Help Save & Exit Submit Check my work Required 1 Required 2 16.66 Prepare a schedule of expected cash collections from sales, by month and in total, for the first quarter. points Skipped Schedule of Expected Cash Collections January February March Total November sales $ 0 eBook December sales 0 Hint January sales 0 February Sales 0 Print March Sales 0 References Total cash collections $ 0 $ 0 $ 0 $ Mc Graw Prey. 1 of 6 Next > Hill 10:56 PM Type here to search O N 9 O 4/16/2021Question 1 - HW Chapter 8 - Cor X * Course Hero X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Felearning.uh.edu%252Fwebapps%252Fportal%252Fframes... HW Chapter 8 Saved Help Save & Exit Submit Check my work in the month following sale, and the remaining 20% are collected in the second month following sale. Bad debts are negligible and can be ignored. Prior years sales are as follows: November sales totaled $310,000, and December sales totaled $340,000. Required: 16.66 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the first quarter. points 2. What is the accounts receivable balance on March 31th? Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Hint Print What is the accounts receivable balance on March 31st? References Total accounts receivable at March 31 Mc Graw Prey. 1 of 6 Next > Hill Type here to search O N 9 O 10:56 PM 4/16/2021