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Question 19 8.33 pts The Black Pepper Corp has the following sales forecast data: Cash sales Credit sales July $ 80,000 $ 240,000 August $

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Question 19 8.33 pts The Black Pepper Corp has the following sales forecast data: Cash sales Credit sales July $ 80,000 $ 240,000 August $ 70,000 $ 220,000 September October $ 50,000 $ 60,000 $ 180,000 $ 200,000 The regular pattern of collection of credit sales is 50% in the month of sale, 50% in the month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on September 30 would be: $100,000 $90,000 $75,000 O $50,000

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