INTERMEDIATE ACCOUNTING ACCESS 540 DAY
10th Edition
ISBN: 9781264706327
Author: SPICELAND
Publisher: MCG
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Aziz Industries has forecasted sales of $6,200 in April, $7,800 in May, and $9,400 in June. All sales are on credit. The company collects 35% of sales in the month of the sale and the remaining 65% in the following month. What will be the balance in accounts receivable at the beginning of July?
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