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You plan on starting a lawn mowing business by investing $700 of your own monoy and purchasing $500 of equipment. You plan to work 270

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You plan on starting a lawn mowing business by investing $700 of your own monoy and purchasing $500 of equipment. You plan to work 270 hours in your frst month and 80 hours in your second month of business. You charge your customers $21 per hour. Your anticipated costs include: You plan on collecting 90% of your salas in the month you mow the lawn and the remainder in the following month. Calculate the accounts recoivable balance at the end of your first month of business

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