#tipreparing operational Budgettle.., Financial Management

#tipreparing operational Budgettle.., Financial Management

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company A is expecting to sell 10,000 cases in july, 20,000 cases in Augest, and 30,000 in september of year 2. selling price per caseis 30%.All sales are on account. The sales are collected 70% in the month of sale and 30% in the month follwing sale, june sales totaled $ 200,000. Bad debits are negligible and can be ignores. Required a/ prepare a sales budget b/prepare a schedule of expected cash collection from sales,by month and in total, for the third quarter.c/Assume that the company will prepare a budgeted balace sheet as of september 30. Determine the accounts recivable as of that date.

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