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Business, 07.08.2019 03:20 ewash04

The gardner company expects sales for october of $248,000. experience suggests that 45% of sales are for cash and 55% are on credit. the company collects 50% of its credit sales in the month of sale and 50% in the month following sale. budgeted accounts receivable on september 30 is $67,000. what is the amount of accounted receivables on the october 31 budgeted balance sheet? $111,600. $124,000. $67,000. $68,200. $136,400.

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The gardner company expects sales for october of $248,000. experience suggests that 45% of sales are...
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