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Harrti Corporation has budgeted for the following sales: July August September October November December $424.000 $540,000 $654.000 $924,000 $796,000 $732.000 Sales are collected as follows:
Harrti Corporation has budgeted for the following sales: July August September October November December $424.000 $540,000 $654.000 $924,000 $796,000 $732.000 Sales are collected as follows: 10% in the month of sale: 60% in the month following the sale, and the remaining 30% in the second month following the sale. In Razz's budgeted balance sheet at December 31, at what amount will accounts receivable be shown? O $732,000 O $658,800 O $897,600 O $238,800
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