Question: Hi I need help with this problem please. Flanders Industries collects 25% of its sales on account in the month of the sale, and 75%

Hi I need help with this problem please.

Flanders Industries collects 25% of its sales on account in the month of the sale, and 75% in the month following the sale. Sales on account are budgeted to be $175,000 for May and $225,000 for June. What are the budgeted cash receipts from sales on account for June? What is the accounts receivable balance at the end of June

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