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Business, 17.12.2020 17:30 dhernandez081

Fortune Inc. has budgeted sales for June and July at $680,000 and $720,000, respectively. Sales are 80% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the accounts receivable balance on July 31?

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Fortune Inc. has budgeted sales for June and July at $680,000 and $720,000, respectively. Sales are...

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