The budget director of Natalia's Florist has prepared the following sales budget. The company had $270,000 in accounts receivable on July 1. Natalia'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. 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 July August September $ 68,000 81,000 $ 68,000 111,000 $ 149,000 $ 179,000 $ 81,000 125,600 $206,600 $ 338,000 $ 149,000 $ 192,000

The budget director of Natalia's Florist has prepared the following sales budget. The company had $270,000 in accounts receivable on July 1 . Natalia'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