The budget director of Heather's Florist has prepared the following sales budget. The company had $270.000...
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The budget director of Heather's Florist has prepared the following sales budget. The company had $270.000 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. ReviredA Required Determine the amount of accounts receivable the company will repert on its third quarter pro forma balance sheet. Acou RiredA The budget director of Heather's Florist has prepared the following sales budget. The company had $270.000 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. ReviredA Required Determine the amount of accounts receivable the company will repert on its third quarter pro forma balance sheet. Acou RiredA
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a July August September Sales Budget Cash sales 64000 67000 83000 Sales on account 910... View the full answer
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