The budget director of Natalia's Floris has prepared the following sales budget. The company had $300,000...

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The budget director of Natalia's Floris has prepared the following sales budget. The company had $300,000 in accounts recelvable on July 1. Natalia'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. July August September Sales Budget Cash sales $ 69,000 S 74,000 $ 90,000 88,000 $ 157,000 $ 174,000 $212,600 Sales on account 100,000 122,600 Total budgeted sales Schedule of Cash Receipts Current cash sales 70,000 Plus: Collections from accounts receivable Total budgeted collections $ 369.000 $ 162,000 $ 190.000 b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. Accounts recelvable The budget director of Natalia's Floris has prepared the following sales budget. The company had $300,000 in accounts recelvable on July 1. Natalia'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. July August September Sales Budget Cash sales $ 69,000 S 74,000 $ 90,000 88,000 $ 157,000 $ 174,000 $212,600 Sales on account 100,000 122,600 Total budgeted sales Schedule of Cash Receipts Current cash sales 70,000 Plus: Collections from accounts receivable Total budgeted collections $ 369.000 $ 162,000 $ 190.000 b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. Accounts recelvable

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