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Kuzma Foods, Inc. has budgeted sales for June and July at $690,000 and $780,000, respectively, Sales are 80% credit, of which 60% is collected in
Kuzma Foods, Inc. has budgeted sales for June and July at $690,000 and $780,000, respectively, Sales are 80% credit, of which 60% is collected in the month of salo and 40% is collected in the following month. What is the budgeted Accounts Receivable balance on July 317 O A $220,800 OB $624,000 OC. $312,000 OD. $249,000
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