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7 Numbers may have changed from previous question. Elordi Engineers Corp. has the following budgeted sales data (in dollars): June Credit Sales 290,000 Cash Sales
7 Numbers may have changed from previous question. Elordi Engineers Corp. has the following budgeted sales data (in dollars): June Credit Sales 290,000 Cash Sales 5,000 July August September 300,000 270,000 310,000 60,000 70,000 60,000 2 pts The regular pattern of collection of credit sales is 30% in the month of sale, 60% in the month following sale, and the remainder in the second month following the month of sale. There are no bad debts. What would the budgeted accounts receivable balance be at the end of July? Round your answer to the nearest whole number
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