Harrti Corporation has budgeted for the following sales:
July $445,200
August $580,200
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Business, 23.10.2021 14:00 ddmoorehouseov75lc
Harrti Corporation has budgeted for the following sales:
July $445,200
August $580,200
September $615,100
October $890,100
November $731,000
December $691,000
Sales are collected as follows: 20% in the month of sale; 55% in the month following the sale; and the remaining 25% in the second month following the sale. In Harrti's budgeted balance sheet at December 31, at what amount will accounts receivable be shown?
Answers: 1
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