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21-12-2022
Business

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gardner company expects sales for october of $244,000. experience suggests that 45% of sales are for cash and 55% are on credit. the company collects 50% of its credit sales in the month of sale and 50% in the month following sale. budgeted accounts receivable on september 30 is $65,000. what is the amount of accounts receivable on the october 31 budgeted balance sheet?

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