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Kingston anticipates total sales for June and July of $440,000 and $488,000, respectively. Cash sales are normally 65% of total sales. of the credit sales,

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Kingston anticipates total sales for June and July of $440,000 and $488,000, respectively. Cash sales are normally 65% of total sales. of the credit sales, 20% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 20% are collected in the second month after the sale. Determine the amount of accounts receivable reported on the company's budgeted balance sheet as of July 31 As of duty 3 Percent Credits Une June DO UDO To

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