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Swifty Company reported the following information for 2022: September October November December January Budgeted sales $240400 $310900 $291000 $359700 $200900 All sales are on credit.
Swifty Company reported the following information for 2022:
| September | October | November | December | January | |
| Budgeted sales | $240400 | $310900 | $291000 | $359700 | $200900 |
| All sales are on credit. | |
| Customer amounts on account are collected 50% in the month of sale and 50% in the following month. |
How much is the November 30, 2022 budgeted Accounts Receivable?
$145500
$300950
$155450
$179850
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Horngrens Financial And Managerial Accounting
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura
6th Edition
0134486838, 978-0134486833
