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anawer this for me pls. questions 1 and 2 Siver Company...

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Accounting

anawer this for me pls. questions 1 and 2
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Siver Company makes n product that is very popular as a Mother's Day gin. Thurs, peak sales occur ln May of each yalr, as siverw in the compartyls sales budget for the second quarter glven betow From past experience, the compary has learned that 20% of a month's saies are coliected in the month of sale, another 75 are collected in the month following saie, and the remalining 5% are collected in the second month following sale. Elad debts are negingtole and can be ignored. February salers totaled 5270,000 , and March sales totaled $300,000. Rectulrev: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter, 2. What is the accounts recelvable balance on June 30th? Complete this questian by entering yaur answers in the tabs below. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter

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