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  3. 2 the kafusi company has the following budgeted sa

2 The Kafusi Company has the following budgeted sales: out of April June July Credit...

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Accounting

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2 The Kafusi Company has the following budgeted sales: out of April June July Credit Sales May 300,000 320,000 Question 350,000 400,000 Cash Sales 70,000 80,000 90,000 70,000 The regular pattern of collection of credit sales is 30% in the month of sale, 60% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no irrecoverable receivables. The budgeted accounts receivable balance on May 31 would be: Select one: O A. 210,000 B. 212.000 O C. 180,000 D. E282,000

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