What are the estimated cash receipts from accounts receivable collections in June? Multiple Choice $288,020 $298,430 $295,830 $311,450

The Overland Company is preparing its cash budget for the month of June. The following information is available concerning its accounts receivable: 263, $ 56,000 50, ooo 48, Estimated credit sales for June Actual credit sales for May $ 338,000 Estimated Estimated Estimated Estimated Estimated June collections in June for credit sales collections in June for credit sales collections in June for credit sales write-offs in June for uncollectible in June in May prior to May credit sales provision for bad debts in June for credit sales in What are the estimated cash receipts from accounts receivable collections in June? Multiple Choice $288,020 $298,430 $295,830 $311,450