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undefined Green Companys sales are 30% cash and 70% credit. 60% of credit sales are collected in the month of sale, 30% in the month
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Green Companys sales are 30% cash and 70% credit. 60% of credit sales are collected in the month of sale, 30% in the month following the sale, and 10% is collected two months after. Budgeted sales data is as follows:
June | $200,000 |
July | $100,000 |
August | $150,000 |
How much are Accounts Receivable at the end of August? short answer plz
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