![subject](/tpl/images/cats/ekonomika.png)
Business, 14.04.2020 19:57 fatimitashikita
The budget director of Heather’s Florist has prepared the following sales budget. The company had $310,000 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:
Complete the schedule of cash receipts by filling in the missing amounts.
Determine the amount of accounts receivable the company will report on its third-quarter pro forma balance sheet.
July August September
Sales Budget
Cash sales $40,000 $42,500 $45,000
Sales on account 45,000 54,000 64,800
Total budgeted sales $85,000 $96,500 $109,800
Schedule of Cash Receipts
Current cash sales $40,000 $42,500 $45,000
Plus: Collections from-
accounts receivable 50,000 45,000 54,000
Total budgeted-
collections $90,000 $87,500 $99,000
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 06:00, kinglightskin2k
If you miss two payments on a credit card what is generally the penalty
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 16:20, AnhQNguyen6764
The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:50, Salas1333
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
You know the right answer?
The budget director of Heather’s Florist has prepared the following sales budget. The company had $3...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 08.11.2021 19:50
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 08.11.2021 19:50
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 08.11.2021 20:00
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 08.11.2021 20:00
![Konu](/tpl/images/cats/istoriya.png)