Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $320,000 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 b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. 4 H Complete this question by entering your answers in the tabs below. rites Required A Required B Complete the schedule of cash receipts by filling in the missing amounts. July August September Sales Budget $80,000 $ 74.000 S 83.000 Cash sales 55.000 113,000 138.600 Sales on account WI
2 28 inti book Hot Prin eferences 2914 STA 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 July August 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 September S 80.000 S 74.000 $ 88.000 113.000 95,000 138.600 $175.000$ 187,000 $ 226,600 $400.000 $ 169.000 $201.000 Required B > Check my work
L 14.28 points eflock Hin Alk PIN References KARŲ LIRANIAN MƏminy w RIETVEJUPL 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 Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. Accounts receivable < Required A
Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather's Florist has prepare
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Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather's Florist has prepare
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