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Compton Compairy expects the following total sales: The company empects 702 , of its sales to be credit sales and 30% for cash. Credit sales

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Compton Compairy expects the following total sales: The company empects 702 , of its sales to be credit sales and 30% for cash. Credit sales are collected as follows: 25% in the month of sale, 755 in the nonth following the sale. The budgeted accounts recetvable balance on May 31 is Mulicle Chisice sin925 517,2 1+5240 $24750

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