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QUESTION 6 You decide to earn some money during the summer by running a lawn mowing service called Blade for Blade, Inc. You plan
QUESTION 6 You decide to earn some money during the summer by running a lawn mowing service called Blade for Blade, Inc. You plan to work 161 hours per month. You will charge customers $20 per hour and 30% of your customers will pay you in cash and the rest of your customers will pay you in the following month. How much should your estimated accounts receivable balance equal on your balance sheet at the end of the month?
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