Business, 24.03.2020 23:50 zoolo1

Gardner Company expects sales for October of $249,000. 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 $67,500. What is the amount of Accounted Receivables on the October 31 budgeted balance sheet

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Gardner Company expects sales for October of $249,000. Experience suggests that 45% of sales are for...

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