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Gardner Company expects sales for October of $254.000 Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects
Gardner Company expects sales for October of $254.000 Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale Budgeted Accounts Receivable on September 30.is $70,000. What is the amount of Accounts Receivable on the October 31 budgeted balance sheet? Multiple Choice O $114,300 $127,000 $70,000 $69,850 O $09,700 i > EN
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