Cornerstone Exercise 9-11 Preparing an Accounts Receivable Aging Schedule Bina Paudel and Company is a legal services firm. All sales of legal services are billed to clients (there are no cash sales). Bina Paudel expects that, on average, 20 percent will be paid in the month of billing, 50 percent will be paid in the month following billing, and 25 percent will be paid in the second month following billing. Uncollectible accounts are expected to be 5 percent. For the next five months, the following sales billings are expected: Required: Prepare a schedule showing the cash expected in payments on accounts receivable in August and in September