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Harrti Corporation has budgeted for the following sales : uly $ 425, 000 August $510 000 September $605, 000 October $830,000 November $715, 000 December
Harrti Corporation has budgeted for the following sales : uly $ 425, 000 August $510 000 September $605, 000 October $830,000 November $715, 000 December $680 000 Sales are collected as follows : 10% in the month of sale ; 60% in the month following the sale ; and the emaining 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 ? $680, 000 $612 000 $826, 500 $214.500
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