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Bramble Corp. reported the following information for 2016: October November December Budgeted sales $870000 $810000 $1020000 All sales are on credit. Customer amounts on account
Bramble Corp. reported the following information for 2016:
October | November | December | |
Budgeted sales | $870000 | $810000 | $1020000 |
- All sales are on credit.
- Customer amounts on account are collected 50% in the month of sale and 50% in the following month.
How much is the November 30, 2016 budgeted Accounts Receivable?
| $435000 |
| $510000 |
| $840000 |
| $405000 |
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