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Required: 1. Prepare a sales budget, by month and in total, for the third quarter. (Show your budget in both units of water tubes

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Required: 1. Prepare a sales budget, by month and in total, for the third quarter. (Show your budget in both units of water tubes and dollars.) Also prepare a schedule of expected cash collections, by month and in total, for the third quarter. Sales budget July August September Quarter Budgeted sales (units) Selling price per unit Total budgeted sales Schedule of expected cash collections Accounts receivable, beginning balance July sales: August sales: July August September sales: Total cash collections September Quarter 0 0 0 0

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