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C Ltd. has budgeted sales fi. June and July at $680,000 and $720,000, respectively. Sales are 80% credit, of which 70% is collected in the

C Ltd. has budgeted sales fi. June and July at $680,000 and $720,000, respectively. Sales are 80% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the accounts receivable balance on July 31? Multiple Choice $175,000. $179,000. $172,800. $189,000. None of the answers is correct

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