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Babe Industries budgeted Accounts Receivable on May 31 is $67,500 Bahe's credit sales comprise 55% of total sales and the remainder are cash sales
Babe Industries budgeted Accounts Receivable on May 31 is $67,500 Bahe's credit sales comprise 55% of total sales and the remainder are cash sales Babe's budgets $249,000 total sales for Jane The company collects 50% of credit sales in the month of sale and 50% in the month following sale What is the amount of Accounts Receivable on the June 30 budgeted balance sheet OA$67,500 O$136,950. Oc568,475 $124.300 OES112.050
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