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The budget director of Heather's Florist has prepared the following sales budget. The company ...

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Accounting

The budget director of Heather's Florist has prepared the following sales budget. The company
had $50,000 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
Complete the schedule of cash receipts by filling in the missing amounts.
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