Question

Bramble Corp. reported the following information for 2016: October November December Budgeted sales $870000 $810000 $1020000...

Bramble Corp. reported the following information for 2016:

October November December
Budgeted sales $870000 $810000 $1020000
  • 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, 2016 budgeted Accounts Receivable?

$435000
$510000
$840000
$405000
0 0
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Answer #1

Amwer Calculation of 30, 2016. Budgeted Accounts Receivable on November (soy.) moun Collection in neat $ 435000 $40,5000 w (s

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