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October sales are estima tps// nnect.html omework Saved Hely The budget director of Heather's Florist...

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Accounting

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October sales are estima tps// nnect.html omework Saved Hely The budget director of Heather's Florist has prepared the following sales budget. The company had $50,000 in accounts rece on July 1. Heathers Florist normally collects 100 percent of accounts recevable in the month following the month of sale Required a. Complete the schedule of cash receipts by filling in the missing amounts 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. Sales Budget Cash sales Sales on account Total budgeted sales Schedule of Cash Receipts Current cash sales 540000 4200 45 00 64,800 5 85 000 S 96 500 109 800 45.000 4 000

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