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please help ngston budgets total sales for June and July of $330,000 and $408,000, respectlvely. Cash sales are 65% of total sales. Of the edit
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ngston budgets total sales for June and July of $330,000 and $408,000, respectlvely. Cash sales are 65% of total sales. Of the edit sales, 15% are collected in the month of sale, 60% are collected during the first month after the sale, and the remaining 25% are llected in the second month after the sale. Determine the amount of accounts recelvable reported on the company's budgeted alance sheet as of July 31. Hint: Determine the percent of June and July sales that are uncollected at July 31 Step by Step Solution
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