(Solved): Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather ...

Exercise 14-3A (Algo) Preparing a schedule of cash receipts LO 14-2 The budget director of Heather’s Florist has prepared the following sales budget. The company had $230,000 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.

        

Complete this question by entering your answers in the tabs below Complete the schedule of cash receipts by filling in the missing amounts. Complete this question by entering your answers in the tabs below. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet.