- Ch14 Homework 6 A 2fblackboard Sc Edu 252fwebapps 252f Saved The Budget Director Of Heather S Florist Has Prepared The F 1 (98.8 KiB) Viewed 43 times
Ch14 Homework 6 A 2Fblackboard.sc.edu%252Fwebapps%252F Saved The budget director of Heather's Florist has prepared the following sales budget. The company had $350,000 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. 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 September $ 79,000 $ 70,000 $ 83,000 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 103,000 182,000 89,000 120,600 209,600 $ 153,000 $ $ 79 000 $ $ 70,000 $ 350,000 $ 420,000 $ 83,000 162,000 89,000 103,000 192,000 $ Prey 1 of 3 Next > optx Servant-Leaderhsip.jpg A Servant Leadershing
what 70949 5 15 Dit (32) S y! forma f What 0 Vitals y! artisti ył playfu C 30 ins e Gramy o.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.sc.edu%252Fwebapps%252F1 Homework 6 i Saved The budget director of Heather's Florist has prepared the following sales budget. The company had $350,000 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. 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 Required B