please give the calculate process! 2) The LaPann Company has obtained the following...
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Accounting
please give the calculate process! 2) The LaPann Company has obtained the following sales forecast data: July August September October Budgeted Sales $240,000 $220,000 $180,000 $200,000 The regular pattern of collection of budgeted sales is 30% in the month of sale and 70% in the month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on September 30th is (Answer: a): a. $126,000 b. $154,000 1 c. $161,000 d. $186,000
please give the calculate process!
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