The budget director of Heather's Florist has prepared the following sales budget. The company had $$50,000$ 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

a$.$ Complete the schedule of cash receipts by filling in the missing amounts,

$03$:$41$:$14$

b$.$ Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet.

Complete this question by entering your answers in the tabs below.

Required $A$

Required $B$

Complete the schedule of cash receipts by filling in the missing amounts.

$\backslash$table$[[$Sales Budget,$+,$July,August,September$],[,,,,,],[$Cash sales,,$$,40,000,$$$,42,500,$$$,45,000],[$Sales on account,,,$45,000,,54,000,,64,800],[$Total budgeted sales,,$$,85,000,$$$,96,500,$$$,109,800],[$Schedule of Cash Receipts$],[$Current cash sales$],[$Plus: Collections from accounts receivable$],[$Total budgeted collections,,$$,90,000,$$$,87,500,$$$,99,000]]$