Mathematics, 24.04.2020 01:57 emmahuber980
Ross Corp. makes all sales on account. the june 30th balance sheet balance in its accounts receivable is $400000, of which $240000pertain to sales that were made during june. budgeted sales for July are $1250000. Ross collects 70% of sales in the month of sale: 30% in the following month and the final 10% in the second month after the sale. What is the budgeted balance of Ross's accounts receivable as of July 31?
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Ross Corp. makes all sales on account. the june 30th balance sheet balance in its accounts receivabl...
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