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Harrti Corporation has budgeted for the following sales: Sales are collected as follows: 20% in the month of sale; 55% in the month following the
Harrti Corporation has budgeted for the following sales: Sales are collected as follows: 20% in the month of sale; 55% in the month following the sale; and the remaining 25% in the second mont following the sale. In Harrt's budgeted balance sheet at December 31 , at what amount will accounts recelvable be shown? Multiple Choice $183,500 $555.200 $694.000 $738700
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